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This quiz consists of 5 multiple choice and 5 short answer questions through For Chapters 8-10.

Multiple Choice Questions

1. What represents the original capital paid into or invested in the business by its founders?
(a) Bond.
(b) Pork barrel.
(c) Stock.
(d) Collateral.

2. Of the top 25 polluted cities in the world, how many are in China according to the author?
(a) 5.
(b) 16.
(c) 24.
(d) 9.

3. Economists ignored signs of problems in what year because they didn't want to face what might happen in the future, according to the author in the Introduction?
(a) 1998.
(b) 2002.
(c) 1994.
(d) 2005.

4. In Chapter 9, the author discusses how fifteen years ago what nation was on top of the world economically?
(a) Canada.
(b) India.
(c) Spain.
(d) Japan.

5. Douglas Ivester was appointed as Chairman and Chief Executive Officer of Coca-Cola Company after whose death?
(a) Roberto Goizueta.
(b) George Stigler.
(c) Mark Miringhoff.
(d) Ronald Coase.

Short Answer Questions

1. North Korea is a single-party state under a united front led by what party?

2. According to the author in Chapter 9, to ensure accuracy, the real GDP is a figure that has been adjusted to account for what?

3. What is generally the principled guide to action taken by the administrative or executive branches of the state with regard to a class of issues in a manner consistent with law and institutional customs?

4. What is the ninth factor one should consider along with the GDP to understand an economy, according to the author in Chapter 9?

5. In what year did Douglas Ivester tell his sales team to pass free Coca-Cola around as the Berlin Wall toppled?

(see the answer key)

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