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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. India has a very low GDP per capita, and it also has over how many cases of leprosy according to the author in Chapter 9?
(a) 50,000.
(b) 35,000.
(c) 100,000.
(d) 70,000.

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

3. What is a financial term denoting a collection of investments held by an investment company, hedge fund, financial institution or individual?
(a) Collateral.
(b) Legislation.
(c) Security.
(d) Portfolio.

4. What is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets?
(a) Derivative.
(b) Deductible.
(c) Interest.
(d) Subsidy.

5. According to the author in Chapter 11, the problem with this gold standard was the central bank could do what?
(a) Require collateral.
(b) Charge interest.
(c) Devalue the currency.
(d) Manipulate exchange rates.

Short Answer Questions

1. According to the author in Chapter 13, when it comes to gaining economic power, it's best to avoid what, which depletes resources and limits education?

2. Douglas Ivester was appointed as Chairman and Chief Executive Officer of Coca-Cola Company after whose death?

3. From 1997 to 2002, Charles Wheelan was the Midwest correspondent for what publication?

4. Of the top 25 polluted cities in the world, how many are in China according to the author?

5. In Chapter 12, the author states that statistics clearly show that the world is growing more economically what?

(see the answer key)

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