View a FREE sample

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

Multiple Choice Questions

1. What is the sixth factor one should consider along with the GDP according to the author in Chapter 9?
(a) National savings.
(b) Income inequality.
(c) Current account surplus/deficit.
(d) Total national happiness.

2. Mark Miringhoff is a social science professor at what institution?
(a) The University of Alaska.
(b) Harvard University.
(c) Fordham University.
(d) The University of Chicago.

3. In order to get a true understanding of an economy, there are nine factors one should consider along with the GDP according to the author in Chapter 9. What is the first?
(a) Unemployment.
(b) Poverty.
(c) Total national happiness.
(d) National savings.

4. In what year did Douglas Ivester tell his sales team to pass free Coca-Cola around as the Berlin Wall toppled?
(a) 1969.
(b) 1989.
(c) 1982.
(d) 1977.

5. What is a mathematical equation for an unknown function of one or several variables that relates the values of the function itself and its derivatives of various orders?
(a) Differential equation.
(b) Depression equation.
(c) Derivative equation.
(d) Deductive equation.

Short Answer Questions

1. What is generally a fungible, negotiable financial instrument representing financial value?

2. What refers to a market where prices are determined by supply and demand?

3. According to the author in Chapter 2, the average annual income is what in the location where black rhinoceros horns are worth much on the black market?

4. In France, what president wanted to come up with a way to measure human happiness, as described in Chapter 9?

5. According to the author, financial markets boil down to four basic simple needs. What is the first discussed in Chapter 7?

(see the answer key)

This section contains 272 words (approx. 1 page at 300 words per page) View a FREE sample