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

Multiple Choice Questions

1. Where did Charles Wheelan earn a PhD in public policy?
(a) Yale University.
(b) Dartmouth College.
(c) The Harris School.
(d) Harvard University.

2. What is the appropriation of government spending for localized projects secured solely or primarily to bring money to a representative's district?
(a) Perverse incentives.
(b) Pork barrel.
(c) Deductive reasoning.
(d) Public policy.

3. What publication commented on the French president's desire to come up with a way to measure human happiness, saying that it's like asking experts to put a number on spiritual matters?
(a) The Wall Street Journal.
(b) Investors Business Daily.
(c) The Economist.
(d) The Economic Times.

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 fourth?
(a) National savings.
(b) Income inequality.
(c) Size of the government.
(d) Unemployment.

5. When did the Korean War begin?
(a) 1948.
(b) 1931.
(c) 1950.
(d) 1959.

Short Answer Questions

1. In what political structure does the government set the price and decide what's on the shelves?

2. Arab members of OPEC alarmed the developed world when they used the "oil weapon" during what war by implementing oil embargoes?

3. Who gave out free medication in order to help the fight against leprosy, according to the author in Chapter 9?

4. In finance, what is a standardized contract between two parties to exchange a specified asset of standardized quantity and quality for a price agreed today with delivery occurring at a specified future delivery date?

5. When did the United Nations Monetary and Financial Conference take place?

(see the answer key)

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