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