A. demand exceeds supply
B. supply exceed demand
C. there is control of purchasing power
D. consumers have no purchasing power
Related Mcqs:
- According to the quantity theory of money an increase in the money supply is most likely to lead to inflation if ?
A. The velocity of circulation decrease
B. The number of transaction decrease
C. There is deflation
D. The velocity of circulation and the number of transactions is constant - The government can curb excessive aggregate demand(inflation)by_________________?
A. decreasing taxes on consumers
B. increasing spending
C. decreasing taxes on firms
D. none of the above - In a developing nation people start to obtain good jobs Then inflation cuts their income the people begin to feel_________________?
A. relative deprivation
B. a failure of rising expectations
C. euphoria
D. depression - The current trend in the social sciences is toward ?
A. statistical and quantitative ways of investigating human behavior
B. a totally value free approach
C. using the findings of the social sciences to reform society
D. using whatever technique seems best to fit - Cultural universals include ?
A. personal adornment
B. music
C. food taboos
D. all of the above - Studying interaction within a human family would occur on a____________?
A. microsocial level
B. macrosocial level
C. macroscopic level
D. microscopic level - Specialized socialization occurs most frequently in________________?
A. the family
B. the peer groups
C. church
D. occupational groups or organizations - An infant,s cries for help_______________?
A. signify a weakness in its development
B. are instrumental in cementing the mother-infant bonding
C. should be ignored or the infant will be spoiled
D. are natural in all mammals - Which is NOT a restraint imposed on the United States government ?
A. Presidential supremacy
B. Federalism
C. Separation of powers
D. Checks and balances - The negative functions of interest groups include_______________?
A. they are representative of a minority of people
B. they are democratic
C. they are accountable to the public
D. none of the above
