Honors Econ Test 2

Which of the following will cause movement along the demand curve?

What would occur if the costs of a necessary input increases?

The type of microfinance that involves a relationship with individual entrepreneurs and businesses is known as what?

Which of the following is a main reason for deindustrialization?

Among the reasons socialism never developed into a political movement in the United States was that trade unions ______.

Neocolonialism is the practice of using all of the following EXCEPT:

All of the following would be considered blue collar workers EXCEPT for whom?

What idea favors organized revolution instigated by a vanguard party?

Which of the following is not an aspect of globalization?

What is the Law of Supply?

Karl Marx believed all of the following about capitalism EXCEPT what?

All of the following apply to unpaid work EXCEPT which one?

Which of the following will cause movement along the supply curve?

Which of the following is a reason a government might intervene in its economy?

What group tends to believe that the government does or should not have control over markets?

Once an individual loses his or her job, the general response is any one of the following EXCEPT:

All of the following would be considered to be welfare capitalism EXCEPT which one?

When Karl Marx said workers experience alienation, he meant that workers:

If supply falls and demand remains constant, what happens to the market equilibrium?

Which of the following best describes a demand curve?

All of the following apply to unpaid work EXCEPT which one?

How are the supply schedule and supply curve similar?

Where is equilibrium located on a supply/demand chart?

Which of the following occupations is a person of power most likely to have in an information society?

All of the following happened during the Industrial Revolution EXCEPT which one?

If demand increases and supply remains constant, what happens to the market equilibrium?

How will an increase in wages impact the supply of labor, ceteris paribus?

Who was the leading theorist on the development of socialism?

One reason critics oppose globalization is:

Which is an economic policy based on national policies of accumulating silver and gold by controlling markets?

Which of these is NOT a factor that affects demand?

Some jobs today advertise in multinational markets and permit telecommuting. This broadening of the job market is called

Which of the following BEST summarizes how the market demand curve compares to the individual demand curve?

All of the following are impacts of the Information Age EXCEPT:

What is the basis for "holding all else constant"?

The price and quantity pairs that are graphically depicted in a demand curve can be taken from a _______________.

All of the following are true of corporations EXCEPT which one?

All of the following are recognized labor unions in America EXCEPT which one?

Which of the following best describes a demand curve?

All of the following are a direct result of the Information Age EXCEPT which one?

What is the most important commodity in a postindustrial society?

If the market price decreases for a good or service, holding all else constant, what happens to supply?

The development of the informal economy is generally influenced by all of the following EXCEPT?

When did the first economies begin to develop?