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