Can't remember name of 1980's horror movie.?

I watched on television, so it may have been a "movie of the week" type production. Years later, I ran across it while channel surfing, and quickly changed the channel once I realized what it was. I think it was actually a collection of three or four short horror stories, ala Creepshow. But the part I remember was about a fancy woman who removed a chain or an amulet from a small creepy looking statue in her house to wear with her outfit. She returns home to discover that the statue has come to life! It is a small, black, hairy "man" with lots of teeth. (Think of Critters, but with the body of a man, standing a few inches tall.) It chases her around the house with a spear or a knife, chattering and growling, moving very fast. She eventually traps it in the oven and burns it alive, only to accidently inhale the smoke and become possessed thus she begins acting and making sounds similar to the creature. I think the thing was called a fertility idol or idol. Does this sound familiar to anyone? What it the name of this movie. I want to find it on VHS so I can show my friends. I remember sitting on the floor while I watched it, and it freaked me out so much I climbed up on the couch. Lots of "monster under the bed" imagery.