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