Naked Economics: Undressing the Dismal Science Quiz | Eight Week Quiz A

Charles Wheelan
This set of Lesson Plans consists of approximately 139 pages of tests, essay questions, lessons, and other teaching materials.

Naked Economics: Undressing the Dismal Science Quiz | Eight Week Quiz A

Charles Wheelan
This set of Lesson Plans consists of approximately 139 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Naked Economics: Undressing the Dismal Science Lesson Plans
Name: _________________________ Period: ___________________

This quiz consists of 5 multiple choice and 5 short answer questions through Forward - Chapter 3.

Multiple Choice Questions

1. Burton G. Malkiel is an American economist, most famous for what classic finance book?
(a) Extreme Money: Masters of the Universe and the Cult of Risk.
(b) The Wall Street MBA: Your Personal Crash Course in Corporate Finance.
(c) A Random Walk Down Wall Street.
(d) The Millionaire Next Door: The Surprising Secrets of America's Wealthy.

2. 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?
(a) $2,500.
(b) $6,000.
(c) $1,000.
(d) $8,700.

3. According to the author in Chapter 1, companies want to profit, and consumers want what?
(a) Results.
(b) Education.
(c) Satisfaction.
(d) Safety.

4. With uniform rules and regulations, the cost of doing business in the private sector is what, according to the author in Chapter 3?
(a) Lowered.
(b) Maintained.
(c) Raised.
(d) Prohibitive.

5. Arab members of OPEC alarmed the developed world when they used the "oil weapon" during what war by implementing oil embargoes?
(a) The Jerusalem War.
(b) The Yom Kippur War.
(c) The Gaza War.
(d) The Torah War.

Short Answer Questions

1. When was Burton G. Malkiel born?

2. When was Douglas Ivester born?

3. What are negative results which occur while trying to achieve a goal for the common good?

4. In Chapter 2, the author discusses how the black rhinoceros is nearly extinct and that the horns are considered what?

5. The Lehman Brothers bank problem in 2008 occurred because the banks weren't what, according to the author?

(see the answer key)

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