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