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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 2.

Multiple Choice Questions

1. Which of the following is not a bit of specialty information Levitt says a real estate owner claims to have?
(a) Architectural background.
(b) Housing market.
(c) State of the buyer's mind.
(d) The house's true value.

2. What percentage commission does a real estate broker generally take from a home sale?
(a) 6%.
(b) 12%.
(c) 10%.
(d) 4%.

3. In his introduction, what does Levitt say he wants to replace with honest assessment?
(a) Conventional wisdom.
(b) Moral posturing.
(c) Dogma.
(d) Social bias.

4. In New York City, what did analysts credit with the precipitous drop in violent crime?
(a) Innovative policing.
(b) After-school programs.
(c) Community development.
(d) Number cooking.

5. On average, how many more days does a real estate agent generally keep her own house on the market as opposed to someone else's?
(a) 10.
(b) 5.
(c) 15.
(d) 20.

Short Answer Questions

1. What did the authors of FREAKONOMICS consider doing for six minutes?

2. How many bouts does a sumo wrestler have to win in order for his ranking to rise?

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

4. Which two cities does Levitt compare in his discussion of police population versus murder rate?

5. According to Levitt, what do humans primarily respond to?

(see the answer key)

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