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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Which economist and philosopher does Levitt cite at the end of his introduction?
(a) John Stuart Mill.
(b) Jeremy Bentham.
(c) Adam Smith.
(d) Karl Marx.

2. What is the average annual salary of a bottom-tier sumo wrestler?
(a) $30,000.
(b) $15,000.
(c) $65,000.
(d) $100,000.

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

4. By how much did the homicide rate among young black males increase over the first five years of the crack boom?
(a) It tripled.
(b) It quadrupled.
(c) It increased by half.
(d) It doubled.

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

Short Answer Questions

1. What portion of the full commission does the seller's real estate agent generally get to keep?

2. In 1987, why did many people stop claiming fake children on their tax returns?

3. Which of the following is not an alternate source of funding in the twentieth century?

4. What conservative American politician does Levitt cite as an example of a victim of the country's changing attitudes toward bigotry?

5. What does Gyges' ring do?

Short Essay Questions

1. How is a sumo wrestler's life affected by his ranking?

2. Why is information crime so difficult to catch?

3. How does Venkatesh get his hands on JT's financial records?

4. Why is a real estate agent inclined to keep her own house on the market longer than her client's?

5. What is important to women on dating sites?

6. How have attitudes toward public bigotry changed in recent years?

7. From what did the Ku Klux Klan derive its power in the twentieth century?

8. What are the defining characteristics of conventional wisdom?

9. Why would some winning sumo wrestlers throw a match?

10. According to the authors, what motivates everyone?

(see the answer keys)

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