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This quiz consists of 5 multiple choice and 5 short answer questions through For Chapters 8-10.

Multiple Choice Questions

1. When did the Korean War end?
(a) 1953.
(b) 1966.
(c) 1962.
(d) 1970.

2. In economics, what refers to a general slowdown in economic activity?
(a) Trade-off.
(b) Business cycle.
(c) Depression.
(d) Recession.

3. Ross Perot ran for President of the United States in what year?
(a) 1988.
(b) 2000.
(c) 1992.
(d) 2002.

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

5. What refers to the stock of competencies, knowledge and personality attributes embodied in the ability to perform labor so as to produce economic value?
(a) Differential equation.
(b) Index fund.
(c) Futures contract.
(d) Human capital.

Short Answer Questions

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

2. 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?

3. According to the author in Chapter 7, the basic set of rules and investor should follow is to do what?

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

5. What is the fourth simple need of financial markets, as discussed in Chapter 7?

(see the answer key)

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