Economics Quiz 56

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Economics Quiz 56

1 / 50

The theory of symbolic interactionism in personality formation is associated with_______________?

2 / 50

In essence people need government because________________?

3 / 50

Guest worker programs usually result in temporary migration of workers from ?

4 / 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 ?

5 / 50

For Harvard?s Dani Rodrik Globalization involves ?

6 / 50

Deviance is defined as________________?

7 / 50

From a sociological viewpoint to say that deviance has functions means that ?

8 / 50

If a product is an inferior good ?

9 / 50

What does price elasticity of demand measure ?

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

A depreciation of the dollar will have its most pronounced impact on imports if the demand for imports is ?

12 / 50

The United Stats in an exception in that_________________?

13 / 50

The participants in a market economy cannot pursue their goals freely because they are affected by_________________?

14 / 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 ?

15 / 50

Material culture________________?

16 / 50

Identify below what is NOT considered to be a cause of economic growth ?

17 / 50

Most empirical studies show that firm?s cost curves ?

18 / 50

Which are manifest functions of schools ?

19 / 50

If the Supply of loanable funds is very inelastic (steep) Which policy would likely increase saving and investment the most ?

20 / 50

Minorities have reacted to domination by developing goals that may be called_________________?

21 / 50

Among the factors that favor individual mobility are_________________?

22 / 50

A life insurance company forces Enzo to have a medical examination prior to selling him insurance ?

23 / 50

The synthesis of the elitist and pluralist approaches realist democracy assumes that_____________?

24 / 50

If PX > MCX, society gains by ?

25 / 50

Crowds and masses differ in that___________________?

26 / 50

It is correct to say that__________________?

27 / 50

Export primary commodity concentration ratios are ?

28 / 50

The term ?prejudice? implies that_________________?

29 / 50

The urban trends resulting from the industrial Revolution include_________________?

30 / 50

As a result of social change some members of society_______________?

31 / 50

Which of the following statement is NOT true about OECD aid ?

32 / 50

The dominant group in a society is the one that is the_________________?

33 / 50

Variables that exercise influence on other variables are called ?

34 / 50

The factor endowment theory was pioneered by ?

35 / 50

ideologies tend to arise during periods of_____________?

36 / 50

Defense mechanisms function to________________?

37 / 50

The govt. can control inflation by______________?

38 / 50

What was the crude birth rate of 1998 ?

39 / 50

Market power is ?

40 / 50

If Japan runs current account deficit and exchange rates are floating?

41 / 50

Which of the following best defines price discrimination ?

42 / 50

The J-curve effect refers to the observation that ?

43 / 50

A personality refers to______________?

44 / 50

A checking deposit in a bank in considered _________ of that bank?

45 / 50

Normal profit occurs when ?

46 / 50

The situation in the Middle East is an example of________________?

47 / 50

If a supply curve for a good is price elastic then ?

48 / 50

Portion of a company?s profit paid to common and preferred shareholders is called ?

49 / 50

Reproduction outside the family__________________?

50 / 50

Contrary to Karl Marx,s expectations communist revolutions occurred in_______________?

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