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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 1.

Multiple Choice Questions

1. What percentage commission does a real estate broker generally take from a home sale?
(a) 6%.
(b) 10%.
(c) 4%.
(d) 12%.

2. How does Paul Feldman view humanity as a result of his business records?
(a) People are deceptive and entitled.
(b) People never lie.
(c) People are basically honest.
(d) People become less honest after achieving success.

3. In what year did the Chicago Public School system begin widespread standardized testing?
(a) 1986.
(b) 1975.
(c) 1996.
(d) 2002.

4. What does Gyges' ring do?
(a) It makes him a giant.
(b) It makes him immortal.
(c) It makes him omniscient.
(d) It makes him invisible.

5. When do 7-7 sumo wrestlers begin losing matches most often?
(a) When allegations of cheating are made.
(b) When they near the age of retirement.
(c) When a league official is present.
(d) When they are wrestling friends or mentors.

Short Answer Questions

1. According to Paul Feldman's records, when are people least honest?

2. In the media, what term is given to the new, more dangerous violent criminal in the 1990s?

3. What action led to a reduction in blood donors in the 1970s?

4. What is the central action of economics?

5. Which of the following is not a public figure that the author mentions as a wealthy man purchasing public office?

(see the answer key)

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