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