View a FREE sample

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

Multiple Choice Questions

1. Americans today are how many times as rich as an American in the 1940s according to the author in Chapter 9?
(a) 5.
(b) 10.
(c) 2.
(d) 14.

2. 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) Predator species.
(b) Floods.
(c) Disease.
(d) Dust.

3. When did Ross Perot found Electronic Data Systems?
(a) 1962.
(b) 1971.
(c) 1955.
(d) 1977.

4. When was the first edition of "Naked Economics: Undressing the Dismal Science" published?
(a) 2002.
(b) 2006.
(c) 1997.
(d) 1995.

5. What is a political thesis of Kim Il-sung which says that the Korean masses are the masters of the country's development?
(a) The Juche Idea.
(b) The Communist Manifesto.
(c) Capitalism.
(d) Marxism.

Short Answer Questions

1. What does IMF stand for?

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

3. Burton G. Malkiel is an American economist, most famous for what classic finance book?

4. 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 first?

5. What is the economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow "fair competition" between imports and goods and services produced domestically?

(see the answer key)

This section contains 281 words (approx. 1 page at 300 words per page) View a FREE sample