View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through For Chapters 8-10.

Multiple Choice Questions

1. In economics and sociology, what refers to any factor that enables or motivates a particular course of action or counts as a reason for preferring one choice to the alternatives?
(a) Incentive.
(b) Belief.
(c) Barrier.
(d) Punishment.

2. The Cuban Revolution deposed what dictator?
(a) Nicholas Sarkozy.
(b) Fulgencio Batista.
(c) Fidel Castro.
(d) Roberto Goizueta.

3. In what year did the French government try to address its unemployment rates with what the author calls the economic equivalent of fool's gold?
(a) 1993.
(b) 2000.
(c) 1988.
(d) 1997.

4. The horns of the black rhinoceros are used to make what for the Yemenese people, according to the author in Chapter 2?
(a) Necklaces.
(b) Daggers.
(c) Paperweights.
(d) Funnels.

5. Human capital is extremely important in economics because it is also tied together with what?
(a) Productivity.
(b) Security.
(c) Collateral.
(d) Inflation.

Short Answer Questions

1. When was Burton G. Malkiel born?

2. According to the principles of a market economy, if it's raining, it's time to sell what?

3. In an insurance policy, what is the amount of expenses that must be paid out of pocket before an insurer will pay any expenses?

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

5. According to the author, the Hope Scholarships were a plan wherein students could borrow money for college and pay back their loans after they graduated using what?

(see the answer key)

This section contains 231 words (approx. 1 page at 300 words per page) View a FREE sample