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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3: Thermostats, Lemons, and Other Families of Models.
Multiple Choice Questions
1. What does Schelling say was seeking equilibrium as America's space industry interacted with the Russians'?
(a) The system of technical knowledge itself.
(b) The system of America's space agencies.
(c) The system of America's universities which produced scientists.
(d) The system of America's military defense industry.
2. How does the heating system parallel human behavior in Schelling's example?
(a) A trait becomes more and more intense until it expresses itself in heat.
(b) A vessel carries whatever hot or cold air or water runs through it.
(c) A voice distributes its energy into the environment around it.
(d) A rising variable alternatively over and under performs.
3. How does Schelling say the success of society is evaluated?
(a) In the welfare of the least successful individuals.
(b) On the aggregate, not the individual level.
(c) In the health and success of individuals.
(d) In the success of the leaders and superior individuals.
4. What additional reason does Schelling give for the desire to sit in the back of a theater?
(a) People want to be prepared to flee.
(b) People want to be far from the stage.
(c) People want to watch people arrive.
(d) People want to feel safe in the dark.
5. How many calls does the individual receive, in the aggregate, in Schelling's analysis?
(a) It depends on how many people he knows.
(b) It depends on his personality.
(c) As many as others make.
(d) As many as he makes.
Short Answer Questions
1. What does Schelling say the farmer needs to know?
2. What does Schelling say the presence of a small group of black students in a college student body does for any economic propositions about the behavior of that student body?
3. What case does Schelling use to illustrate the difficulty of making an economic proposition?
4. What does Schelling say a proposition has to have in order to be true?
5. What does Schelling say individuals react to?
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