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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. Michael Jensen refers to company stock options as what in Chapter 2?
(a) "A trough of money."
(b) "Cocaine for businessmen."
(c) "Wall Streets marijuana."
(d) "Managerial heroin."

2. What is a component of the financial markets for assets involved in short-term borrowing and lending with original maturities of one year or shorter time frames?
(a) Floating exchange rate.
(b) Money market.
(c) Index fund.
(d) Mutual fund.

3. The horns of the black rhinoceros are used to make what for the Yemenese people, according to the author in Chapter 2?
(a) Paperweights.
(b) Daggers.
(c) Necklaces.
(d) Funnels.

4. The United Nations Monetary and Financial Conference was a gathering of delegates from how many nations?
(a) 31.
(b) 44.
(c) 38.
(d) 25.

5. When did the Korean War begin?
(a) 1931.
(b) 1959.
(c) 1950.
(d) 1948.

Short Answer Questions

1. In economics, what is a good that is non-rival and non-excludable?

2. Burton G. Malkiel is an American economist, most famous for what classic finance book?

3. 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?

4. What is a term used in economics that refers to a market process in which "bad" results occur when buyers and sellers have asymmetric information?

5. What represents the original capital paid into or invested in the business by its founders?

(see the answer key)

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