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

Multiple Choice Questions

1. What percentage of the vote does an incumbent candidate lose on average if he spends half as much money in his second campaign?
(a) 7%.
(b) 3%.
(c) 5%.
(d) 1%.

2. Paul Feldman makes his living delivering what to offices?
(a) Paper.
(b) Bagels.
(c) Cheese trays.
(d) Ink cartridges.

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

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

5. How does Paul Feldman view humanity as a result of his business records?
(a) People never lie.
(b) People are deceptive and entitled.
(c) People are basically honest.
(d) People become less honest after achieving success.

Short Answer Questions

1. What event in California has allowed two Enron traders to jack up energy prices int he dialogue of this chapter?

2. Which realm of employment is not a turn-on to women on dating sites?

3. According to Paul Feldman's records, when are people least honest?

4. From what city is Norma McCorvey?

5. Informational asymmetry indicates the use of information for what?

(see the answer key)

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