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

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 C

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

Multiple Choice Questions

1. What is the capital of the Democratic People's Republic of Korea?
(a) Honk Kong.
(b) Beijing.
(c) Osaka.
(d) Pyongyang.

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) London.
(b) Pyongyang.
(c) Mexico City.
(d) New York.

3. 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) Extreme Money: Masters of the Universe and the Cult of Risk.
(c) A Random Walk Down Wall Street.
(d) The Wall Street MBA: Your Personal Crash Course in Corporate Finance.

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

5. In an insurance policy, what is the amount of expenses that must be paid out of pocket before an insurer will pay any expenses?
(a) Inflation.
(b) Collateral.
(c) Deductible.
(d) Subsidy.

Short Answer Questions

1. Michael Jensen refers to company stock options as what in Chapter 2?

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

3. When was the Hope credit established?

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. When did the Korean War end?

(see the answer key)

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