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Economics Quiz 56

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Economics Quiz 56

1 / 50

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

2 / 50

The factor endowment theory was pioneered by ?

3 / 50

Reproduction outside the family__________________?

4 / 50

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

5 / 50

Material culture________________?

6 / 50

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

7 / 50

Market power is ?

8 / 50

As a result of social change some members of society_______________?

9 / 50

The urban trends resulting from the industrial Revolution include_________________?

10 / 50

What does price elasticity of demand measure ?

11 / 50

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

12 / 50

Which of the following best defines price discrimination ?

13 / 50

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

14 / 50

For Harvard?s Dani Rodrik Globalization involves ?

15 / 50

Defense mechanisms function to________________?

16 / 50

The J-curve effect refers to the observation that ?

17 / 50

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

18 / 50

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

19 / 50

ideologies tend to arise during periods of_____________?

20 / 50

The situation in the Middle East is an example of________________?

21 / 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 ?

22 / 50

Export primary commodity concentration ratios are ?

23 / 50

If a product is an inferior good ?

24 / 50

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

25 / 50

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

26 / 50

In essence people need government because________________?

27 / 50

Most empirical studies show that firm?s cost curves ?

28 / 50

What was the crude birth rate of 1998 ?

29 / 50

It is correct to say that__________________?

30 / 50

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

31 / 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 ?

32 / 50

The United Stats in an exception in that_________________?

33 / 50

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

34 / 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 ?

35 / 50

The term ?prejudice? implies that_________________?

36 / 50

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

37 / 50

Which are manifest functions of schools ?

38 / 50

A personality refers to______________?

39 / 50

Variables that exercise influence on other variables are called ?

40 / 50

The govt. can control inflation by______________?

41 / 50

Among the factors that favor individual mobility are_________________?

42 / 50

Crowds and masses differ in that___________________?

43 / 50

Normal profit occurs when ?

44 / 50

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

45 / 50

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

46 / 50

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

47 / 50

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

48 / 50

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

49 / 50

Deviance is defined as________________?

50 / 50

If PX > MCX, society gains by ?

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