1. What is the "French puzzle" A) France has relatively low union membership rates but more labor disturbances and strikes than other nations.

B.French national governments rely on more central planning over time while most governments have reduced central planning and rely on more market capitalism.

C.French people tend to be unhappier than residents of other nations who enjoy comparable levels of real per capita income.

D.Socialist governments in France have tended to support privatization of national industries.

2. Who developed the concept of dirigisme that has been an important component of French economic planning?

A.Marshall Petain

B.General de Gaulle

C.Jean-Baptiste Colbert

D.King Louis XIV

3. Which two major economies did not experience a housing bubble prior to the Great Recession in 2009?

A.Canada and Japan

B.Germany and Japan

C.France and England

D.Switzerland and Germany

4. What factors led to Sweden's shift away from its long-term wage bargaining system in the early 1990's?

A.Rapid decline in oil prices that limited exports from Sweden

B.Sharp rises in wages that reduced international competitiveness

C.Higher taxes on consumer goods that hurt low-income consumers

D.Death of the long-serving king and a shift to a moderate reform party in the parliament

5. Which of the following economic characteristics represents a key distinction between Japan and France?

A.The role of regional planning

B.The share of the economy controlled by the state sector

C.The role of industrial policy for particular industries

D.All of the above