Naked Economics: Undressing the Dismal Science Quiz | One Week Quiz A

Charles Wheelan
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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. What term was first used in the early 1990s to denote an organization's reputation as an employer?
(a) Futures contract.
(b) Employer branding.
(c) Trade-off.
(d) The Juche Idea.

2. According to the author in Chapter 7, the basic set of rules and investor should follow is to do what?
(a) Research, fact check, invest.
(b) Research, invest, watch.
(c) Save, invest, and repeat.
(d) Invest, watch, sell.

3. According to the author, the Hope Scholarships were a plan wherein students could borrow money for college and pay back their loans after they graduated using what?
(a) Regular debit payments.
(b) A percentage of their annual income.
(c) Government bonds.
(d) Interest free payments.

4. What is an investment position intended to offset potential losses that may be incurred by a companion investment?
(a) Futures contract.
(b) Deductible.
(c) Hedge.
(d) Bond.

5. What refers to the increasingly global relationships of culture, people and economic activity?
(a) Consolidation.
(b) Slavery.
(c) Globalization.
(d) Monopoly.

Short Answer Questions

1. What is the financial system consisting of institutions and regulators that act on the international level, as opposed to those that act on a national or regional level?

2. What is the capital of the Democratic People's Republic of Korea?

3. Douglas Ivester's goal was achieving what when he told his sales team to pass free Coca-Cola around as the Berlin Wall toppled?

4. What is an assistance paid to a business or economic sector?

5. In finance, what is a debt security in which the authorized issuer owes the holders a debt and, depending on the terms, is obliged to pay interest to use and/or to repay the principal at a later date?

(see the answer key)

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