Economics Quiz 56

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Economics Quiz 56

1 / 50

The situation in the Middle East is an example of________________?

2 / 50

A personality refers to______________?

3 / 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 ?

4 / 50

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

5 / 50

As a result of social change some members of society_______________?

6 / 50

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

7 / 50

The govt. can control inflation by______________?

8 / 50

Normal profit occurs when ?

9 / 50

Crowds and masses differ in that___________________?

10 / 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 ?

11 / 50

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

12 / 50

Export primary commodity concentration ratios are ?

13 / 50

Which are manifest functions of schools ?

14 / 50

What does price elasticity of demand measure ?

15 / 50

For Harvard?s Dani Rodrik Globalization involves ?

16 / 50

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

17 / 50

If a product is an inferior good ?

18 / 50

Which of the following best defines price discrimination ?

19 / 50

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

20 / 50

It is correct to say that__________________?

21 / 50

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

22 / 50

The J-curve effect refers to the observation that ?

23 / 50

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

24 / 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 ?

25 / 50

Among the factors that favor individual mobility are_________________?

26 / 50

Variables that exercise influence on other variables are called ?

27 / 50

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

28 / 50

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

29 / 50

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

30 / 50

What was the crude birth rate of 1998 ?

31 / 50

In essence people need government because________________?

32 / 50

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

33 / 50

If PX > MCX, society gains by ?

34 / 50

The factor endowment theory was pioneered by ?

35 / 50

The term ?prejudice? implies that_________________?

36 / 50

The United Stats in an exception in that_________________?

37 / 50

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

38 / 50

Defense mechanisms function to________________?

39 / 50

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

40 / 50

Most empirical studies show that firm?s cost curves ?

41 / 50

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

42 / 50

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

43 / 50

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

44 / 50

Market power is ?

45 / 50

Deviance is defined as________________?

46 / 50

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

47 / 50

ideologies tend to arise during periods of_____________?

48 / 50

The urban trends resulting from the industrial Revolution include_________________?

49 / 50

Material culture________________?

50 / 50

Reproduction outside the family__________________?

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