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This quiz consists of 5 multiple choice and 5 short answer questions through For Chapters 11-Epilogue.

Multiple Choice Questions

1. According to Burton G. Malkiel in the Forward, economists often don't show a connection to what?
(a) Statistics.
(b) Everyday life.
(c) Wall Street.
(d) Mathematics.

2. The author writes that trade helps the economy by doing what, in Chapter 12?
(a) Increasing the quality of goods.
(b) Lowering the cost of goods for consumers.
(c) Encouraging sales and special offers.
(d) Making goods more abundant.

3. India has a very low GDP per capita, and it also has over how many cases of leprosy according to the author in Chapter 9?
(a) 35,000.
(b) 70,000.
(c) 50,000.
(d) 100,000.

4. Mark Miringhoff believes the nation should have what, as described in Chapter 9?
(a) A "social report card."
(b) More laws on bankers.
(c) An army, navy, and airforce.
(d) A "portfolio of morals."

5. The U.S. Treasury began doing business only in gold or silver coin as part of the Independent Treasury Act of what year?
(a) 1875.
(b) 1883.
(c) 1848.
(d) 1822.

Short Answer Questions

1. The Chinese GDP has grown substantially over the past decade, yet its success is correlated to what, according to the author in Chapter 9?

2. What, as defined by the International Labour Organization, occurs when people are without jobs and they have actively sought work within the past four weeks?

3. The United Nations Monetary and Financial Conference was a gathering of delegates from how many nations?

4. According to the author in Chapter 2, a horn from a black rhinoceros can fetch what amount on the black market?

5. In Chapter 6, the author discusses poverty and income equality, using the example of what billionaire?

(see the answer key)

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