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Dontillia

Questions (795)

When does market failure occur?Markets create high prices for necessities. Markets create low prices for luxuries. Markets fail
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Deadweight loss __________________________.Markets allocate resources efficiently Is ensured when a competitive market is in
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A surplus that results from a price ceiling creates inefficiencies in all of the following EXCEPT _____________________.The
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Gasoline prices recently increased by 20%, and the purchase of gasoline decreased by 5%. What is the price elasticity of demand?
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When an economy is in a recession, individuals taking a vacation are more likely to take car trips over airplane trips. The most
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Rationing by price means ________________________.Imposing a price ceiling to insure equity Imposing a price floor to insure
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A surplus that results from a price ceiling creates inefficiencies in all of the following EXCEPT _____________________.Wasted
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Market equilibrium occurs ____________________________.When buyers and sellers are in agreement over price and the quantities
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If the price elasticity of supply is greater than 1, then supply is __________.Unity price elastic. Unresponsive to price
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Perfect complements are goods that must be consumed in fixed proportions. Examples of perfect complements include __________.Pen
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Deadweight loss __________________________.Is ensured when a competitive market is in equilibrium Is the reduction in consumer
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Rationing by price means ________________________.Imposing a price ceiling to insure equity Imposing a price floor to insure
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When does market failure occur?Markets create low prices for luxuries. Markets create high prices for necessities. Markets fail
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Deadweight loss __________.Is the welfare gain that society experiences when the amount of a good that is produced is more than
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With an increase in demand, total surplus will __________.Decrease. Stay the same. Change depending on other factors. Increase.
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If a price is below the equilibrium price in a competitive market, then the market will push the price ________ and the quantity
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At the Chor Bazaar in India, when customers can buy the same good from multiple sellers, merchants can __________ their prices
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A blogger recently reported that the price of new computers decreased and that the quantity of new computers decreased. This was
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If individual income rises because of a boom, then the demand curve for new houses will ________ and the equilibrium quantity of
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The non-price determinants of supply include which of the following?Technology, prices of related goods, and number of sellers.
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Which one would NOT cause a shift in the supply curve?A change in producer expectations. A change in the price of a good. A
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Which of the following does NOT shift the supply curve?A change in technology. A change in consumer expectations. A change in
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Suppose that wearing baseball caps goes out of fashion for young men. Which of the following is true?Any change in demand is not
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The law of demand is illustrated when:Higher oil prices encourage companies to drill for more oil. Higher taxes encourage
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A resource is __________.Anything that an individual pays for. Anything consumed by a customer. Anything that can be used in
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What is meant by ceteris paribus?All things being equal Certain problems Changing all things Buyer beware
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Price elasticity measures which of the following?The responsiveness of a change in quality in relation to a change in quantity.
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In one week, an appliance store sells 90 DVD players at $100 each. It then lowers its price to $90 and it sells 100 DVD players.
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A high school graduate who earns a college degree is increasing the economy's stock of ________________.Labor Land Capital Human
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Economists disagree when selecting two different government policies because __________________________.They made different
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Two employees, one graphic designer and one accountant of a large firm, have to produce a marketing document and estimate the
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Specialization and trade leads to all of the following EXCEPT _________________________________.A decline in total economic
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Specialization and trade results in all of the following EXCEPT:Goods and services being exchanged A decrease in total economic
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Why should countries specialize in producing a particular good or service in which they have a comparative advantage?
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Why should countries specialize in producing a particular good or service in which they have a comparative advantage?They can
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Which of the following is an example of a normative statement?Tax rates are based on marginal tax brackets. Wages vary based on
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The current unemployment rate of 8 percent is too high. This is an example of ________________________.A normative statement. A
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Time Series graphs:__________. (Choose the best response.)Show data as rectangles whose height equals the value of the variable.
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The graph in the figure above is an example of: (Choose the best answer.)A line graph. A pie chart. A time series graph. A bar
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The demand curve has a __________, because quantity demanded ___________ as price decreases.Positive slope; increases Negative
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In Quadrant 1 of a Cartesian graph, the values of x are __________, and the values of y are __________.Negative; Negative
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In Quadrant 1 of a Cartesian graph, the values of x are __________, and the values of y are __________.
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The quantities of a good that producers can and want to sell for each possible price, other things held constant, is __________.
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Where the supply and demand curves meet is called the __________.
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Which of the following nations did not sign the Kyoto Protocol?Algeria United States Great Britain Albania Singapore
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How many major industrial nations signed the Kyoto Protocol?64 84 100 25 50
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What kind of political resistance are indigenous peoples using today?
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What kind of political resistance are indigenous peoples using today?Working with the United Nations Encouraging younger members
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What was a form of oppression that indigenous peoples had to face?
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What was a form of oppression that indigenous peoples had to face?Belittling language (e.g., uncivilized) Losing the right to
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Many in the______________ generation of indigenous peoples want to find creative ways to maintain their rights.
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Which of the following was the name of one of the early global trade routes?Triangular Trade The Iron Triangle Mare Nostrum The
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The Japanese conquest and occupation of which of the following cities is seen as one of the worst atrocities of World War II?Jak
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Which of the following is needed to appreciate cross-cultural differences in art?Never considering outside contexts Thinking
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Which of the following is an applied art?Graphic design Painting Sculpting Dance
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Languages are always __________.dissimilar similar universal unique
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Words within languages are always __________.unique identical dissimilar similar
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Which of the following is the study of human language with respect to its social and cultural context?Cultural phonetics
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In the hero's journey, the climax of the story involves a revelation, death and rebirth, and______
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In the hero's journey, the climax of the story involves a revelation, death and rebirth, and______temptation atonement the abyss
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The character who gives humor along the journey is called the______________hero trickster friend mentor
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The character who gives humor along the journey is called the
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The development of written languages was a result of __________.spiritual needs trade needs commercial needs religious needs
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After the fall of the Roman Empire the main avenue for learning literacy was the __________.universities monastic centers
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By the Carolingian Renaissance, Latin literacy was mainly limited to groups like __________.everyone slaves workers the church
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__________ is using negative language online.Tagging Flaming Following Trolling
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__________ states that people's language shapes the way they view the world.Language perception Linguistic determinism Language
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What is an example of how language changes?African slaves developed African-American Vernacular English when separated from
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Can a language change?No, cultures and languages never change once they are established. Yes, languages evolve as new words or
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Monotheistic religion reflects the belief in __________.a single God no deities multiple deities multiple Gods
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The origin of religion is __________.easy to define easy to identify universal difficult to identify
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The difference between dragons in eastern and western art illustrates what ideas about art?Artists have limited influence in
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What is activist art?A form of art that manipulates Using art for harm Using art to profit financially An active form of protest
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Which of the following is an example of a cultural difference?Eye color Weight Gender Height
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Every society that believes that murder is wrong is an example of
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What is an aspect of extreme ethnocentrism?It is generally considered inclusive. This is a part of human nature. This is a part
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What is an aspect of extreme ethnocentrism?
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Which of the following characterizes monumental structure building in the Nuraghi culture of Sardinia?Monumental structures
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Which of the following evidences points to complex cultural organizations in the Western Mediterranean and Europe during the
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What happened after larger groups began to settle and tend crops?
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What happened after larger groups began to settle and tend crops?All groups developed similar types of cultural structures and
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Which of the following is an example of the complex cultural organization that developed during early agricultural societies?Lim
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Which of the following is true of ancestor worship common in early Asian cultures?Only males participated in ancestor worship
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Which of the following is true of ancestor worship common in early Asian cultures?
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Why was the family unit important?Individuals were less important than the group. Division of labor allowed groups to merge into
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How did women's roles begin to change in the 20th century?They can choose not to marry. They only work in the household. Their
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How were women recognized in Paleolithic art?
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What was the role of women in the Minoan culture?
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What was the role of women in the Minoan culture?They were forced to remain married. They represented the female goddess who
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What is true of women's roles in Europe and the United States during the 19th and 20th centuries?Upper class women were not
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What is true of women's roles in Europe and the United States during the 19th and 20th centuries?
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During_______ women's roles often reverse.
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What was the role of women in ancient Athens?
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What was the role of women in ancient Athens?They could be accused of being illegitimate if they could not prove that they were
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What is included in Darwin's discussion of gender?
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What is included in Darwin's discussion of gender?There are no differences between the sexes. Females are the superior sex.
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In______ women were allowed to participate in sporting events.
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What do many anthropologists consider the female figures found in caves and other Paleolithic sites to represent?
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What do many anthropologists consider the female figures found in caves and other Paleolithic sites to represent?Role of the
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How did World War I affect the role of women?
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