View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through For Chapters 11-Epilogue.

Multiple Choice Questions

1. Where did Charles Wheelan earn a PhD in public policy?
(a) Yale University.
(b) Dartmouth College.
(c) The Harris School.
(d) Harvard University.

2. What is a financial term denoting a collection of investments held by an investment company, hedge fund, financial institution or individual?
(a) Security.
(b) Collateral.
(c) Legislation.
(d) Portfolio.

3. Incomes rose between 1970 and 1999, yet those who described themselves as as "very happy" decreased from 36% to what?
(a) 14%.
(b) 62%.
(c) 44%.
(d) 29%.

4. What term was first used in the early 1990s to denote an organization's reputation as an employer?
(a) Employer branding.
(b) The Juche Idea.
(c) Futures contract.
(d) Trade-off.

5. According to the author, there are two lessons to be learned from a monopoly situation. What is the first?
(a) Governments should provide more services.
(b) Government shouldn't actually do the work of maintaining infrastructure.
(c) Government shouldn't provide any service that could be covered by the private sector.
(d) Governments should maintain the financial infrastructure more.

Short Answer Questions

1. What is the sixth factor one should consider along with the GDP according to the author in Chapter 9?

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

3. When did the United Nations Monetary and Financial Conference take place?

4. What is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets?

5. When was the Federal Reserve Act enacted?

(see the answer key)

This section contains 249 words (approx. 1 page at 300 words per page) View a FREE sample