Economics Quiz 56

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Economics Quiz 56

1 / 50

Reproduction outside the family__________________?

2 / 50

Deviance is defined as________________?

3 / 50

Normal profit occurs when ?

4 / 50

Material culture________________?

5 / 50

It is correct to say that__________________?

6 / 50

The United Stats in an exception in that_________________?

7 / 50

As a result of social change some members of society_______________?

8 / 50

Most empirical studies show that firm?s cost curves ?

9 / 50

If PX > MCX, society gains by ?

10 / 50

The term ?prejudice? implies that_________________?

11 / 50

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

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

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

15 / 50

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

16 / 50

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

17 / 50

The factor endowment theory was pioneered by ?

18 / 50

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

19 / 50

ideologies tend to arise during periods of_____________?

20 / 50

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

21 / 50

If a product is an inferior good ?

22 / 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 ?

23 / 50

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

24 / 50

Which of the following best defines price discrimination ?

25 / 50

What does price elasticity of demand measure ?

26 / 50

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

27 / 50

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

28 / 50

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

29 / 50

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

30 / 50

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

31 / 50

Export primary commodity concentration ratios are ?

32 / 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 ?

33 / 50

Which are manifest functions of schools ?

34 / 50

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

35 / 50

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

36 / 50

Market power is ?

37 / 50

In essence people need government because________________?

38 / 50

A personality refers to______________?

39 / 50

The situation in the Middle East is an example of________________?

40 / 50

The J-curve effect refers to the observation that ?

41 / 50

Variables that exercise influence on other variables are called ?

42 / 50

For Harvard?s Dani Rodrik Globalization involves ?

43 / 50

What was the crude birth rate of 1998 ?

44 / 50

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

45 / 50

The govt. can control inflation by______________?

46 / 50

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

47 / 50

Defense mechanisms function to________________?

48 / 50

The urban trends resulting from the industrial Revolution include_________________?

49 / 50

Crowds and masses differ in that___________________?

50 / 50

Among the factors that favor individual mobility are_________________?

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