Economics Quiz 56

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Economics Quiz 56

1 / 50

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

2 / 50

Deviance is defined as________________?

3 / 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 ?

4 / 50

Crowds and masses differ in that___________________?

5 / 50

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

6 / 50

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

7 / 50

If a product is an inferior good ?

8 / 50

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

9 / 50

Variables that exercise influence on other variables are called ?

10 / 50

Among the factors that favor individual mobility are_________________?

11 / 50

It is correct to say that__________________?

12 / 50

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

13 / 50

For Harvard?s Dani Rodrik Globalization involves ?

14 / 50

In essence people need government because________________?

15 / 50

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

16 / 50

Normal profit occurs when ?

17 / 50

What was the crude birth rate of 1998 ?

18 / 50

A personality refers to______________?

19 / 50

The urban trends resulting from the industrial Revolution include_________________?

20 / 50

The J-curve effect refers to the observation that ?

21 / 50

The factor endowment theory was pioneered by ?

22 / 50

Most empirical studies show that firm?s cost curves ?

23 / 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 ?

24 / 50

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

25 / 50

Material culture________________?

26 / 50

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

27 / 50

ideologies tend to arise during periods of_____________?

28 / 50

The United Stats in an exception in that_________________?

29 / 50

If PX > MCX, society gains by ?

30 / 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 ?

31 / 50

As a result of social change some members of society_______________?

32 / 50

What does price elasticity of demand measure ?

33 / 50

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

34 / 50

The term ?prejudice? implies that_________________?

35 / 50

Reproduction outside the family__________________?

36 / 50

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

37 / 50

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

38 / 50

Export primary commodity concentration ratios are ?

39 / 50

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

40 / 50

The govt. can control inflation by______________?

41 / 50

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

42 / 50

Which of the following best defines price discrimination ?

43 / 50

The situation in the Middle East is an example of________________?

44 / 50

Defense mechanisms function to________________?

45 / 50

Market power is ?

46 / 50

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

47 / 50

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

48 / 50

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

49 / 50

Which are manifest functions of schools ?

50 / 50

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

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