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