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