Economics Quiz 56

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Economics Quiz 56

1 / 50

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

2 / 50

Market power is ?

3 / 50

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

4 / 50

Among the factors that favor individual mobility are_________________?

5 / 50

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

6 / 50

In essence people need government because________________?

7 / 50

What does price elasticity of demand measure ?

8 / 50

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

9 / 50

Which of the following best defines price discrimination ?

10 / 50

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

11 / 50

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

12 / 50

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

13 / 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 ?

14 / 50

Normal profit occurs when ?

15 / 50

For Harvard?s Dani Rodrik Globalization involves ?

16 / 50

ideologies tend to arise during periods of_____________?

17 / 50

Material culture________________?

18 / 50

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

19 / 50

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

20 / 50

The J-curve effect refers to the observation that ?

21 / 50

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

22 / 50

The govt. can control inflation by______________?

23 / 50

The United Stats in an exception in that_________________?

24 / 50

A personality refers to______________?

25 / 50

Reproduction outside the family__________________?

26 / 50

What was the crude birth rate of 1998 ?

27 / 50

As a result of social change some members of society_______________?

28 / 50

Most empirical studies show that firm?s cost curves ?

29 / 50

Deviance is defined as________________?

30 / 50

It is correct to say that__________________?

31 / 50

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

32 / 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 ?

33 / 50

Variables that exercise influence on other variables are called ?

34 / 50

The urban trends resulting from the industrial Revolution include_________________?

35 / 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 ?

36 / 50

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

37 / 50

Crowds and masses differ in that___________________?

38 / 50

The factor endowment theory was pioneered by ?

39 / 50

The situation in the Middle East is an example of________________?

40 / 50

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

41 / 50

If PX > MCX, society gains by ?

42 / 50

Which are manifest functions of schools ?

43 / 50

Defense mechanisms function to________________?

44 / 50

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

45 / 50

If a product is an inferior good ?

46 / 50

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

47 / 50

Export primary commodity concentration ratios are ?

48 / 50

The term ?prejudice? implies that_________________?

49 / 50

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

50 / 50

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

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