Economics Quiz 56

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Economics Quiz 56

1 / 50

Market power is ?

2 / 50

For Harvard?s Dani Rodrik Globalization involves ?

3 / 50

As a result of social change some members of society_______________?

4 / 50

Export primary commodity concentration ratios are ?

5 / 50

Which of the following best defines price discrimination ?

6 / 50

Minorities have reacted to domination by developing goals that may be called_________________?

7 / 50

Material culture________________?

8 / 50

A life insurance company forces Enzo to have a medical examination prior to selling him insurance ?

9 / 50

Normal profit occurs when ?

10 / 50

The govt. can control inflation by______________?

11 / 50

If a supply curve for a good is price elastic then ?

12 / 50

Reproduction outside the family__________________?

13 / 50

The J-curve effect refers to the observation that ?

14 / 50

If a product is an inferior good ?

15 / 50

Guest worker programs usually result in temporary migration of workers from ?

16 / 50

Most empirical studies show that firm?s cost curves ?

17 / 50

If Japan runs current account deficit and exchange rates are floating?

18 / 50

From a sociological viewpoint to say that deviance has functions means that ?

19 / 50

Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ?

20 / 50

Portion of a company?s profit paid to common and preferred shareholders is called ?

21 / 50

Identify below what is NOT considered to be a cause of economic growth ?

22 / 50

It is correct to say that__________________?

23 / 50

The factor endowment theory was pioneered by ?

24 / 50

The participants in a market economy cannot pursue their goals freely because they are affected by_________________?

25 / 50

The hypothesis that people know the true model of the economy and that they use this model to form their expectations of the future is the ?

26 / 50

What was the crude birth rate of 1998 ?

27 / 50

Which of the following statement is NOT true about OECD aid ?

28 / 50

The urban trends resulting from the industrial Revolution include_________________?

29 / 50

ideologies tend to arise during periods of_____________?

30 / 50

Contrary to Karl Marx,s expectations communist revolutions occurred in_______________?

31 / 50

A personality refers to______________?

32 / 50

Among the factors that favor individual mobility are_________________?

33 / 50

Deviance is defined as________________?

34 / 50

The United Stats in an exception in that_________________?

35 / 50

The dominant group in a society is the one that is the_________________?

36 / 50

In essence people need government because________________?

37 / 50

A checking deposit in a bank in considered _________ of that bank?

38 / 50

The theory of symbolic interactionism in personality formation is associated with_______________?

39 / 50

Variables that exercise influence on other variables are called ?

40 / 50

Crowds and masses differ in that___________________?

41 / 50

Defense mechanisms function to________________?

42 / 50

The situation in the Middle East is an example of________________?

43 / 50

If the Supply of loanable funds is very inelastic (steep) Which policy would likely increase saving and investment the most ?

44 / 50

What does price elasticity of demand measure ?

45 / 50

The term ?prejudice? implies that_________________?

46 / 50

If PX > MCX, society gains by ?

47 / 50

Which are manifest functions of schools ?

48 / 50

The synthesis of the elitist and pluralist approaches realist democracy assumes that_____________?

49 / 50

Which financial instrument provides a buyer the right to purchase or sell a fixed amount of currency at a prearranged price, within a few days to a couple of years ?

50 / 50

A depreciation of the dollar will have its most pronounced impact on imports if the demand for imports is ?

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