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

Multiple Choice Questions

1. When did the Korean War end?
(a) 1970.
(b) 1953.
(c) 1966.
(d) 1962.

2. The GDP does not consider economic activity that is what, according to the author in Chapter 9?
(a) Unpaid.
(b) Subsidized.
(c) Deductible.
(d) Interdependent.

3. What refers to reasoning which constructs or evaluates deductive arguments?
(a) Deductive reasoning.
(b) Constructive reasoning.
(c) Critical reasoning.
(d) Decisive reasoning.

4. When did the Great Depression begin in the United States?
(a) 1929.
(b) 1886.
(c) 1905.
(d) 1918.

5. OPEC has maintained its headquarters where since 1965?
(a) Havana.
(b) Vienna.
(c) Toronto.
(d) Sydney.

Short Answer Questions

1. What refers to economy-wide fluctuations in production or economic activity over several months or years?

2. Behavioral economics intertwine economics and what?

3. Of the top 25 polluted cities in the world, how many are in China according to the author?

4. In many countries, the negative effects of the Great Depression lasted until the start of what?

5. The Cuban Revolution deposed what dictator?

(see the answer key)

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