When a firm's production of a product requires it to purchase items from another firm to ...

When a firm's production of a product requires it to purchase
 
  items from another firm to complete the production, these purchased items are called:
  A) intermediate goods.
  B) equilibrium points.
  C) good-for-good exchanges.
  D) indirect goods.

 Q. 2

According to Samuel Huntington, how many waves of
 
  democratization have there been among modern states?
  A) none
  B) one
  C) three
  D) six

 Q. 3

The gross domestic product is:
 
  A) the total value of all final goods and services produced by all the citizens of the state.
  B) the total value of all final goods and services exported by a state.
  C) the total value of all the goods and services produced or purchased by the government.
  D) the total value of all final goods produced within a state's territorial boundaries.

 Q. 4

Recent empirical evidence suggests that a critical factor
 
  in sustaining the transition from a non-democratic state to a free, democratic country is:
  A) extensive blogging.
  B) a substantial nonviolent people power movement.
  C) a multiparty system.
  D) high voter turnout.

 Q. 5

A benefit of using purchasing power parity (PPP) is that:
 
  A) it considers the size of the population in comparing countries' relative wealth.
  B) it controls for the value of a country's currency in the world market.
  C) it improves between-country comparisons of the monetary value a bundle of standard goods costs consumers.
  D) it takes into account the value of goods produced by all workers within the country's economy, not just citizens.

 Q. 6

Political decay is most likely when:
 
  A) political parties lack clear policy goals.
  B) the political system limits individual rights.
  C) political institutions fail to withstand pressures caused by increasing political participation and demands.
  D) multinational corporations are essential to economic development.