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