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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. When was Douglas Ivester born?
(a) 1939.
(b) 1922.
(c) 1958.
(d) 1947.

2. In many countries, the negative effects of the Great Depression lasted until the start of what?
(a) Vietnam.
(b) World War I.
(c) The Korean War.
(d) World War II.

3. When was Gary Becker born?
(a) 1930.
(b) 1945.
(c) 1922.
(d) 1956.

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

5. What contends that prices of publicly traded assets reflect all publicly available information?
(a) The uniform pay scale.
(b) The efficient market hypothesis.
(c) Adverse selection.
(d) Supply and demand.

Short Answer Questions

1. Americans today are how many times as rich as an American in the 1940s according to the author in Chapter 9?

2. 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?

3. In Chapter 6, the author discusses poverty and income equality, using the example of what billionaire?

4. What refers to reasoning which constructs or evaluates deductive arguments?

5. According to the author in Chapter 1, companies want to profit, and consumers want what?

(see the answer key)

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