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

Multiple Choice Questions

1. The horns of the black rhinoceros are used to make what for the Yemenese people, according to the author in Chapter 2?
(a) Funnels.
(b) Paperweights.
(c) Necklaces.
(d) Daggers.

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

3. 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) Deductive equation.
(b) Depression equation.
(c) Derivative equation.
(d) Differential equation.

4. 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) $1,000.
(b) $2,500.
(c) $6,000.
(d) $8,700.

5. According to the author in Chapter 2, a horn from a black rhinoceros can fetch what amount on the black market?
(a) $30,000.
(b) $15,000.
(c) $120,000.
(d) $50,000.

Short Answer Questions

1. When did Ross Perot found Electronic Data Systems?

2. What contends that prices of publicly traded assets reflect all publicly available information?

3. In what political structure does the government set the price and decide what's on the shelves?

4. What does OPEC stand for?

5. What, according to the author, motivates talented teachers to leave to go onto other professions?

(see the answer key)

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