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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 1.

Multiple Choice Questions

1. What is the central action of economics?
(a) Assessment.
(b) Prediction.
(c) Measurement.
(d) Theory.

2. In the media, what term is given to the new, more dangerous violent criminal in the 1990s?
(a) Hyperstatistic.
(b) Droog.
(c) Superpredator.
(d) Enhanced threat.

3. According to James Alan Fox in 1995, what is the minimum rise in violent crime to be expected in the next decade?
(a) 35%.
(b) 25%.
(c) 15%.
(d) 5%.

4. How many bouts does a sumo wrestler have to win in order for his ranking to rise?
(a) 8.
(b) 12.
(c) 20.
(d) 3.

5. According to Levitt, what do humans primarily respond to?
(a) Fear.
(b) Flattery.
(c) Incentives.
(d) Passion.

Short Answer Questions

1. How does Paul Feldman view humanity as a result of his business records?

2. What does Levitt ask of his reader at the end of the introduction?

3. Researchers determining whether teachers are encouraging cheating on standardized tests observe classes over how many years?

4. What percentage commission does a real estate broker generally take from a home sale?

5. Paul Feldman makes his living delivering what to offices?

(see the answer key)

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