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This quiz consists of 5 multiple choice and 5 short answer questions through For Chapters 11-Epilogue.

Multiple Choice Questions

1. In Chapter 9, the author discusses how fifteen years ago what nation was on top of the world economically?
(a) Canada.
(b) India.
(c) Japan.
(d) Spain.

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

3. In Chapter 2, the author discusses how the black rhinoceros is nearly extinct and that the horns are considered what?
(a) An aphrodesiac.
(b) A poison.
(c) An alkaloid.
(d) An evil potion.

4. What does IMF stand for?
(a) International Monetary Fund.
(b) Insightful Money Framework.
(c) Internal Military Fund.
(d) Insecure Management Fund.

5. In economics, what is a good that is non-rival and non-excludable?
(a) A government good.
(b) A private good.
(c) A corporate good.
(d) A public good.

Short Answer Questions

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

2. What is a situation that involves losing one quality or aspect of something in return for gaining another quality or aspect?

3. 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?

4. What is the ninth factor one should consider along with the GDP to understand an economy, according to the author in Chapter 9?

5. Who gave out free medication in order to help the fight against leprosy, according to the author in Chapter 9?

(see the answer key)

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