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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. The benefit of the HDI in comparison to the GDP is that the GDP does not measure what, according to the author in Chapter 9?
(a) Inflation.
(b) Productivity.
(c) Political unrest.
(d) Happiness.

2. Arab members of OPEC alarmed the developed world when they used the "oil weapon" during what war by implementing oil embargoes?
(a) The Jerusalem War.
(b) The Yom Kippur War.
(c) The Gaza War.
(d) The Torah War.

3. According to the author in Chapter 9, the average wage of an American in the year 2000 was over how much hourly?
(a) $13.
(b) $18.
(c) $9.
(d) $15.

4. OPEC is an intergovernmental organization of how many oil-producing countries?
(a) 5.
(b) 12.
(c) 8.
(d) 23.

5. What is a form of tourism involving visiting fragile, pristine, and usually protected areas, intended as a low impact and often small scale alternative to standard commercial tourism?
(a) Ecotourism.
(b) Geotourism.
(c) Nativetourism.
(d) Hippytourism.

Short Answer Questions

1. OPEC has maintained its headquarters where since 1965?

2. The Hope Scholarship program was shut down after how many years, according to the author?

3. What term was first used in the early 1990s to denote an organization's reputation as an employer?

4. In Chapter 9, the author discusses how fifteen years ago what nation was on top of the world economically?

5. In economics, what refers to a general slowdown in economic activity?

(see the answer key)

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