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