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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 the author in Chapter 13, some argue that high temperatures and heavy rainfall yield poor food production and and increase in what, therefore limiting a location's ability to create a thriving economy?
(a) Floods.
(b) Predator species.
(c) Dust.
(d) Disease.

2. Who introduced the Hope credit?
(a) Ronald Reagan.
(b) John F. Kennedy.
(c) George W. Bush.
(d) Bill Clinton.

3. When did the United Nations Monetary and Financial Conference take place?
(a) 1970.
(b) 1961.
(c) 1932.
(d) 1944.

4. The Hope Scholarship program was shut down after how many years, according to the author?
(a) 4.
(b) 9.
(c) 5.
(d) 2.

5. What refers to law which has been enacted by a legislature or other governing body, or the process of making it?
(a) Trade-off.
(b) Hedge.
(c) Gresham's law.
(d) Legislation.

Short Answer Questions

1. What is a mathematical equation for an unknown function of one or several variables that relates the values of the function itself and its derivatives of various orders?

2. In order to get a true understanding of an economy, there are nine factors one should consider along with the GDP according to the author in Chapter 9. What is the second?

3. When did the Cuban Revolution end?

4. What refers to a market where prices are determined by supply and demand?

5. What does FX stand for?

(see the answer key)

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