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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. 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) 2000.
(b) 1993.
(c) 1997.
(d) 1988.

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

3. Cuba remained a territory of Spain until the Spanish-American War ended in what year?
(a) 1898.
(b) 1913.
(c) 1862.
(d) 1841.

4. What refers to the degree to which a correct forecast of a system's state can be made either qualitatively or quantitatively?
(a) Predictability.
(b) Security.
(c) Recession.
(d) Index.

5. What is a situation that involves losing one quality or aspect of something in return for gaining another quality or aspect?
(a) Per capita.
(b) Trade-off.
(c) Adverse selection.
(d) Legislation.

Short Answer Questions

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

2. In 1900, the average wage was how much per hour according to the author in Chapter 9?

3. 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 seventh?

4. Mark Miringhoff is a social science professor at what institution?

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

(see the answer key)

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