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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 represents the original capital paid into or invested in the business by its founders?
(a) Bond.
(b) Pork barrel.
(c) Stock.
(d) Collateral.

2. When did the Korean War begin?
(a) 1931.
(b) 1950.
(c) 1959.
(d) 1948.

3. Who introduced the Hope credit?
(a) Bill Clinton.
(b) John F. Kennedy.
(c) Ronald Reagan.
(d) George W. Bush.

4. 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.

5. The Lehman Brothers bank problem in 2008 occurred because the banks weren't what, according to the author?
(a) Paying out interest.
(b) Analyzing risk.
(c) Using their own money.
(d) Keeping enough money on hand.

Short Answer Questions

1. What is the capital of the Republic of Cuba?

2. 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?

3. 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?

4. In Chapter 6, the author discusses poverty and income equality, using the example of what billionaire?

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

(see the answer key)

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