4/26/2024


Correct Answers 0
Total Questions 60
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Course # 571007
Freakonomics
based on the book:

Freakonomics
by: Steven D. Levitt & Stephen J. Dubner ( 2008 )

12 CPE Credit Hours
Communication & Sales

A P E X C P E . C O M  . . . . .  1.877.317.9047  . . . . .  support@apexcpe.com


Chapter 1 - Introduction: The Hidden Side of Everything

1.    The cause of the rise in crime in the early 1990s was:   1
black plague
superpredator
the destroyer of human kind
the cause of economic depression
2.    What was the name of the criminologist that predicted optimistically, crime would increase by 15% over the next decade and, pessimistically would more than double?   2
James Alan Fox
Fox James
Alan James
None of the above
3.    Who was the defendant in a class action lawsuit seeking to legalize abortion in 1970?   3
James Smith
Jane Roe
Henry Wade
Jane Smith
4.    McCorvey's name was disguised as:   4
Jane Doe
Jane Roe
Jane Smith
Jane Adams
5.    The founder of classical economics was:   12
Adam Smith
John Smith
Williams Adams
Adam Williams
6.    After a fine was enacted for picking up children late from a daycare center in Haifa, Israel, the number of late pickups:   16
was reduced drastically
stayed the same
went up
decreased by more than half
7.    What was the name of the standardized, multiple choice exam where every student in the third, sixth and eighth grade had to manage a minimum score in order to be promoted?   22
Idaho test of Basic Skills
Iowa Test of Basic Skills
Illinois Test of Basic Skills
Indiana Test of Basic Skills
8.    High stakes testing was part of which law mandated by the federal government signed by President Bush in 2002.   22
High Stakes Testing Law
No Child Left Behind Law
A combination of A and B
None of those above listed
9.    Who was the CEO of the Chicago Public Schools who wanted to make sure that the teachers identified by the algorithm as cheaters were truly cheating -- and then did something about it by commissioning a retesting of the study.   31
Steven J. Levitt
Arne Duncan
Steven J. Dubner
Ron Jirsa
10.    Data suggests that both sumo wrestlers and their stables may be rigging matches.   40
TRUE
FALSE
11.    A key fact of white collar crime is that we hear about only a very slim fraction of people who are caught cheating. Most embezzlers lead quiet and theoretically happy lives; employees who steal company property are rarely detected.   42
TRUE
FALSE


Chapter 2 - What do SchoolTeachers and SumoWrestlers have in common?

12.    If the Klan itself was defeated, however, its aims had largely been achieved through the establishment of ______ laws   50
Jim Crow Laws
Jack Crow Laws
Jake Crow Laws
Jacob Crow Laws
13.    Atlanta- the Imperial City of the KKK's Invisible Empire, in Klan jargon- was also home to ______________, a thirty year old man with the bloodlines of a Klansman but a temperament that ran opposite.   51
Steven Kennedy
John Kennedy
Stetson Kennnedy
James Kennedy
14.    According to the author, the following is a true statement:   62
Many experts use their information to your detriment.
Experts depend on the fact that you don't have the information they have.
Experts depend on the fact that you are so in awe of their expertise that you wouldn't dare challenge them.
All of the above
15.    A big part of the real estate agent's job, it would seem, is to persuade the homeowner to sell for less than he would like while at the same time letting potential buyers know that a house can be bought for less than its listing price.   66
TRUE
FALSE
16.    In the real estate market, the term "Corian" is correlated to a higher sales price.   68
TRUE
FALSE
17.    An analysis of 160 episodes of the show The Weakest Link suggests that Hispanics suffer which type of discrimination?   72
Taste based discrimination
Circle discrimination
Information based discrimination
None of the above


Chapter 3 - How is the Ku Klux Klan like a group of Real Estate Agents?

18.    What was the name of the gang that was the basis of S. Venkatesh's report on Chicago's poorest black neighborhoods?   86
The Black Disciples
Black Guerilla Family
The Mungiki
Crips
19.    Who was the gang member who gave S. Venkatesh the gang's financial books?   88
DeShawn
Jake
Booty
J.T.
20.    If drug dealers make so much money, why are they still living with their mothers?   93
They don't make much money
To keep the house clean
So they don't look suspicious to others in the community
They don't want to spend money for an expense which they can get free from mom
21.    According to the Bureau of Labor Statistics, the most dangerous job in the United States is :   94
a fireman
a policeman
a crabcatcher
a timber cutter
22.    The problem with crack dealing is the same as every other profession:   95
a lot of people are competing for very few prizes
taxes and expenses are too high to manage
a poor economy and a competitive job market
none of the above
23.    One of the few ways a foot soldier could distinguish himself- and advance in the tournament- was by   98
proving his mettle in making the most sales
proving his mettle for violence
proving his mettle for making the most number of followers
proving his mettle for gang politics
24.    What is demonstrably true is that Oscar Danilo Blandon helped establish a link-between Colombian cocaine cartels and inner city crack merchants - that would alter American history. By putting massive amounts of cocaine into the hands of street gangs, Blandon and others like him gave rise into a devastating crack boom. And the gangs like Black Gangster Disciple Nation were given new reason to exist.   100
TRUE
FALSE
25.    While crack was hardly a black-only phenomenon, it hit black neighborhoods much harder than most. The evidence can be seen by measuring the indicators of societal progress. After decades of decline , black infant mortality began to soar in the 1980's, as did the rate of low birth weight babies and parent abandonment.   103
True
FALSE


Chapter 4 - Why do drug dealers still live with their moms?

26.    Madame Ceausescu was known officially as :   105
Best Sister Romania Could Have
Best Mother Romania Could Have
Best Protector Romania Could Have
Best Daughter Romania Could Have
27.    Ceausescu's incentives produced the desired effect. Within one year from the abortion ban, the Romanian birth rate had doubled. These babies were born into a country where, unless you belonged to the Ceausescu clan or the Communist elite, life was miserable.   106
True
FALSE
28.    The evidence linking increased punishment with lower crime rates is very strong. Harsh prison terms have been shown to act as deterrent (for the would be criminal on the street) and the prophylactic (for the would be criminal who is already locked up)   111
True
FALSE
29.    The broken window theory was conceived by criminologists:   116
James Q. Wilson & George Kelling
James Kelling and George Q. Wilson
James George & Wilson Q. Kelling
Wilson George and James Kelling
30.    There are enough guns in the United States that if you gave one to every adult, you would ran out of adults before you ran out of guns.   119
TRUE
FALSE
31.    Who was the economist and main champion of this idea: "We need more guns on the street, but in the hands of the right people."   121
John R. Lott, Sr.
Steven Levitt
John R. Lott, Jr.
Steven Dubner
32.    The aging of the American population contributed to the reduction of crime.   124
TRUE
FALSE
33.    According to the author, what sort of woman would most likely take advantage of Roe vs. Wade?   126
Unmarried
in her teens
Poor
All of the above
34.    Which two factors show the strongest predictors that a child will have a criminal future?   126
childhood poverty and childhood abuse
childhood poverty and single parent household
Single parent household and childhood abuse
childhood poverty and alcoholic household
35.    What a link between abortion and crime does say is this: when the government gives a woman the opportunity to make her own decision about abortion, she generally does a good job of figuring out if she is in a position to raise the baby well. If she decides she can't, she often chooses abortion.   132
TRUE
FALSE


Chapter 5 - Where have all the criminals gone?

36.    A swimming pool is less frightening than a gun.   138
TRUE
FALSE
37.    Student who entered a technical school or career academy performed substantially better than they did in their old academic settings and graduated at much higher rate than their past performance would have predicted.   145
TRUE
FALSE
38.    Which monumental project did the US Department of Education undertake in the late 1990's?   147
Black-White Test Score Gap
Chicago Public School System
Early Childhood Longitudinal Study
High stress testing
39.    The school typically attended by the typical black child is not the same school attended by the typical white child, and the typical black child goes to a school that is simply:   151
good
bad
no distinction
none of the above
40.    There is essentially no black white test score gap within a bad school in early years once you control for student's backgrounds. But all students in a bad school, black and white, do lose ground to students in good schools.   151
TRUE
FALSE
41.    Studies have shown that a child's academic abilities are far more influenced by the I.Q.'s of his biological parents that the I.Q.'s of his adoptive parents, and mothers who offer up their children for adoption tend to have significantly lower I.Q.s than the people who are doing the adopting.   157
TRUE
FALSE
42.    In a paper entitled, " The Nature and Nurture of Economic Outcomes," economist Bruce Sacerdote found that by the time adopted children become adults, they had veered sharply from the destiny that IQ alone might have predicted.   162
True
FALSE


Chapter 6 - What makes a perfect parent?

43.    The first official act a parent commits is :   163
give the baby a name
give the baby a christening
give the baby a trust fund
give the baby a baby shower
44.    According to Fryer's study, what were the top 2 "whitest" girl names:   169
Molly & Amy
Claire & Emily
Katie & Madeline
Hannah & Kathryn
45.    According to Fryer's study, what were the top 2 "blackest" girl names:   169
Precious & Nia
Jada & Tierra
Imani and Ebony
Alexus & Raven
46.    According to Fryer's study, what were the top 2 "whitest" boy names:   169
Tanner and Wyatt
Jake & Connor
Cole and Lucas
Garett and Dylan
47.    According to Fryer's study, what were the top 2 "blackest" boy names:   170
Willie & Dominique
Jaren & Darius
Andre & Darryl
DeShawn & Andre
48.    Using _________ to control for other factors that might influence life trajectories, it was then possible to measure the impact of a single factor-- in this case a woman's first name -- on her educational, income and health outcomes.   172
regression analysis
nonlinear regression
nonparametric regression
Bayesian methods for regression
49.    According to Fryer's study, what were the top 2 most common middle-income white girl names:   174
Amanda & Megan
Sarah& Emily
Elizabeth & Katherine
Danielle & Rebecca
50.    According to Fryer's study, what were the top 2 most common low-income white girl names:   175
Courtney & Rebecca
Emily & Nicole
Ashley & Jessica
Megan & Taylor
51.    Parents are reluctant to poach a name from someone too near -- family members or close friends--but many parents, whether they realize it or not, like the sound of names that sound "successful."   186
TRUE
FALSE
52.    What the California data names suggest is that an overwhelming number of parents use a name to signal their expectations of how successful their children will be. The name isn't likely to make a shard of difference. But the parents can at least feel better knowing that from the outset, they tried their best.   188
TRUE
FALSE


Chapter 7 - Perfect Parenting, Part II

53.    In Levitt's view, economics is a science with excellent tools for gaining answers but a serious shortage of interesting questions. His particular gift is to ask such questions.   196
TRUE
FALSE
54.    What is the famous unifying theme of the economics department of the University of Chicago?   206
The Gospel of Free Economics
The Gospel of Free Markets
The Gospel of Research and Writing
The Gospel of Correlation
55.    According to Levitt, who was the most influential economist of the last fifty years?   206
Gary Becker
D. Gale Johnson
Len Bias
Seth Roberts
56.    Who was the NBA first round draft pick and cocaine user whose death in 1986 caused Congress to pass legislation requiring a five year mandatory sentence for selling just five gram of crack.   213
Brad Daugherty
Chris Washburn
Len Bias
Chuck Person
57.    Who is the psychology professor who started a lifetime of self-experimentation?   213
Robert Rosenthal
Seth Roberts
Casey Mulligan
Charles Hunter
58.    What was the name of the 1976 law enacted in New York that fined $50 for failing to pick up after your dog?   218
pooper law
scooper law
pooper-scooper law
pick up after your dog law
59.    The most fundamental rule of economics is that a rise in price leads to less quantity demanded.   227
TRUE
FALSE
60.    "The IRS role is to help the large majority of compliant tax payers with the tax law, while ensuring that the minority who are unwilling to comply pay their fair share."   236
TRUE
FALSE


Chapter 8 - Epilogue



Chapter 9 - Bonus Material Added to the Revised and Expanded 2006 Edition



Chapter 10 - Notes


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