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

2. What publication commented on the French president's desire to come up with a way to measure human happiness, saying that it's like asking experts to put a number on spiritual matters?
(a) The Economist.
(b) Investors Business Daily.
(c) The Economic Times.
(d) The Wall Street Journal.

3. In what year did Douglas Ivester tell his sales team to pass free Coca-Cola around as the Berlin Wall toppled?
(a) 1977.
(b) 1982.
(c) 1989.
(d) 1969.

4. What is the capital of the Republic of Cuba?
(a) Miami.
(b) Tijuana.
(c) Havana.
(d) Kingston.

5. According to the author in Chapter 3, it's up to whom to consider the broad social consequences of decisions In a market economy?
(a) The government.
(b) Nonprofit organizations.
(c) Religious institutions.
(d) Corporations.

Short Answer Questions

1. The United Nations Monetary and Financial Conference was a gathering of how many delegates?

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. Behavioral economics intertwine economics and what?

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

5. What is a type of exchange rate regime wherein a currency's value is allowed to fluctuate according to the foreign exchange market?

(see the answer key)

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