Economics Quiz 56
1 / 50
What does price elasticity of demand measure ?
2 / 50
Which of the following best defines price discrimination ?
3 / 50
What was the crude birth rate of 1998 ?
4 / 50
Variables that exercise influence on other variables are called ?
5 / 50
Identify below what is NOT considered to be a cause of economic growth ?
6 / 50
Deviance is defined as________________?
7 / 50
The theory of symbolic interactionism in personality formation is associated with_______________?
8 / 50
Crowds and masses differ in that___________________?
9 / 50
If a supply curve for a good is price elastic then ?
10 / 50
The J-curve effect refers to the observation that ?
11 / 50
Normal profit occurs when ?
12 / 50
In essence people need government because________________?
13 / 50
A depreciation of the dollar will have its most pronounced impact on imports if the demand for imports is ?
14 / 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 ?
15 / 50
Reproduction outside the family__________________?
16 / 50
Contrary to Karl Marx,s expectations communist revolutions occurred in_______________?
17 / 50
Export primary commodity concentration ratios are ?
18 / 50
If a product is an inferior good ?
19 / 50
The govt. can control inflation by______________?
20 / 50
The synthesis of the elitist and pluralist approaches realist democracy assumes that_____________?
21 / 50
A life insurance company forces Enzo to have a medical examination prior to selling him insurance ?
22 / 50
Which of the following statement is NOT true about OECD aid ?
23 / 50
From a sociological viewpoint to say that deviance has functions means that ?
24 / 50
The factor endowment theory was pioneered by ?
25 / 50
Guest worker programs usually result in temporary migration of workers from ?
26 / 50
The participants in a market economy cannot pursue their goals freely because they are affected by_________________?
27 / 50
For Harvard?s Dani Rodrik Globalization involves ?
28 / 50
Among the factors that favor individual mobility are_________________?
29 / 50
Material culture________________?
30 / 50
Defense mechanisms function to________________?
31 / 50
A personality refers to______________?
32 / 50
Market power is ?
33 / 50
A checking deposit in a bank in considered _________ of that bank?
34 / 50
Most empirical studies show that firm?s cost curves ?
35 / 50
The United Stats in an exception in that_________________?
36 / 50
If Japan runs current account deficit and exchange rates are floating?
37 / 50
It is correct to say that__________________?
38 / 50
If the Supply of loanable funds is very inelastic (steep) Which policy would likely increase saving and investment the most ?
39 / 50
The dominant group in a society is the one that is the_________________?
40 / 50
The term ?prejudice? implies that_________________?
41 / 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 ?
42 / 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 ?
43 / 50
Which are manifest functions of schools ?
44 / 50
The urban trends resulting from the industrial Revolution include_________________?
45 / 50
ideologies tend to arise during periods of_____________?
46 / 50
Minorities have reacted to domination by developing goals that may be called_________________?
47 / 50
As a result of social change some members of society_______________?
48 / 50
Portion of a company?s profit paid to common and preferred shareholders is called ?
49 / 50
The situation in the Middle East is an example of________________?
50 / 50
If PX > MCX, society gains by ?
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