View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 4-7.

Multiple Choice Questions

1. In Chapter 2, the author discusses how the black rhinoceros is nearly extinct and that the horns are considered what?
(a) An alkaloid.
(b) An evil potion.
(c) An aphrodesiac.
(d) A poison.

2. Where did politicians try to deal with the level of pollution by limiting driving based on license plate numbers, according to the author in Chapter 2?
(a) Mexico City.
(b) New York.
(c) Pyongyang.
(d) London.

3. When was Burton G. Malkiel born?
(a) 1932.
(b) 1918.
(c) 1907.
(d) 1925.

4. What is the financial system consisting of institutions and regulators that act on the international level, as opposed to those that act on a national or regional level?
(a) Common financial system.
(b) Integral financial system.
(c) Universal financial system.
(d) Global financial system.

5. What is a situation that involves losing one quality or aspect of something in return for gaining another quality or aspect?
(a) Per capita.
(b) Legislation.
(c) Trade-off.
(d) Adverse selection.

Short Answer Questions

1. In what year did the French government try to address its unemployment rates with what the author calls the economic equivalent of fool's gold?

2. The Cuban Revolution deposed what dictator?

3. When did the Korean War end?

4. In finance, what is a derivative financial instrument that specifies a contract between two parties for a future transaction on an asset at a reference price?

5. What refers to the increasingly global relationships of culture, people and economic activity?

(see the answer key)

This section contains 223 words (approx. 1 page at 300 words per page) View a FREE sample