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midtermbank - PAST MIDTERM QUESTION BANK [ Correct answers...

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Unformatted text preview: PAST MIDTERM QUESTION BANK [ Correct answers are in square brackets, e.g. "[d]." Statements in braces {...} are dictionary definitions.] INTRODUCTORY THE TERM ECONOMICS . 1. The term economics derives from: [a]. two Greek roots oikos [household] nomia [study of]. b. from the French as in "Tableau Economique". c. from the German: Verscharfung der wirtschaftlichen Gegensatze. d. from old English: oeconomie. e. None of the above 2. The term economics has Greek roots, oikos [household] and nomos [study of] a. thus indicating the Greeks were the founders of the discipline of economics. b. because the Greeks were interested in the "practical wisdom of household management." c. Despite the use of these roots, the Greeks had no idea of an economic system. [d]. (b) and (c). e. All the above. 3. The word economics is of: [a]. Greek origin. b. French origin. c. German origin. d. English origin. e. Roman origin. 4.The term economics derives from: a. two Greek roots oikos [household] nomos [law]. b. from the French as in "Tableau Economique". c. the word oikosnomia , used by Plato, Aristotle, and Xenephon. d. oikosnomia but for the Greeks this meant laws of the household [e]. All statements are true except b. CONVERSATIONS 5. Conversations: a. determine, through the contexts they transmit, our view of external reality. b. can promote or damage economic well being. c. have the advantages of being observable, of being intersubjective, of containing formulated propositions, and of being a mode of access to social change. d. predate and generate institutions. [e]. All of the above. 6. We should look at conversations before we look at institutions because: [a]. conversations give rise to institutions. b. we often have direct observational data i.e. recorded conversations. c. conversations do not change over time whereas institutions do. d. conversations have no behavioral content at all. e. all of the above. 7. Conversations as a unit of analysis compared to institutions have the advantages that: a. institutions are often ill-defined in terms of a data set by those who discuss them. b. they are the transmission belt of information. c. if we exclude monologues, are inherently public information. d. if archival we usually know who is conversing with whom. [a]. All of the above. INSTITUTIONS 8. Institutions: a. are continuing systems or patterns of organized activities. b. systems of behavior. c. include the family, the school, the social group. d. help form contexts. [e]. all of the above. 9. An institution, as this term is used in Econ 107, is: a. a public building. b. some long established custom like saluting the American flag or eating hotdogs at ball games....
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midtermbank - PAST MIDTERM QUESTION BANK [ Correct answers...

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