Читать книгу Profiting from Weekly Options - Seifert Robert J. - Страница 16

1. The South Sea Company was set up to:

a. take advantage of new trade routes to the South Seas

b. be the world's first franchise

c. fund the Crown's debt from the Spanish War of Succession

d. do all of the above

2. Who funded the South Sea Company?

a. investment bankers

b. the British Crown

c. individual investors

d. all of the above

3. Why did Sir Isaac Newton lose his fortune in the South Sea bubble?

a. The South Sea stock was allowed to trade freely.

b. The Crown lost a great deal of money developing the trade routes to the South Seas.

c. Land companies drove up the price of the trade routes.

d. He was greedy.

4. What caused the Cotton Panic of 1837?

a. Andrew Jackson's feud with Nicholas Biddle

b. the move to a bimetal system to back the dollar

c. the expansion to the Western territories

d. none of the above

5. The lack of a lender of last resort in the 1837 Cotton Panic:

a. had little to do with the panic; greed was the villain

b. was accomplished by state banks

c. created a panic in the cotton market

d. caused the price of cotton to collapse

6. The 1836 British tariff on cotton:

a. caused cotton prices to collapse

b. caused land prices to collapse in the Mississippi delta

c. caused inflation

d. had little to do with the panic

7. What caused the railroad panic of 1893?

a. Congress allowed too many free acres for railroad construction.

b. There was competition among railroads.

c. Wall Street's greed led it to finance unneeded infrastructure.

d. Demand for coast-to-coast travel declined.

8. The stock market crash of 2001 was primarily caused by:

a. the terrorist attacks in New York City

b. an inflated market that was primed for a selloff

c. the Federal Reserve's lack of response to the crisis

d. the fear created by the attack

9. What was the Bitcoin bubble of 2014?

a. a classic example of a new technology that had no upper limit

b. an event caused by the collapse of the Mt. Gox Exchange

c. an event caused by government corruption

d. a classic example of greed

10. All the bubbles reviewed had which of the following common characteristics?

a. Technology had produced a product that had no upper limit.

b. Government regulations contributed to the problem.

c. Inflation caused the markets to collapse.

d. Greed or fear overwhelmed reason.

If you scored 90 percent or better, congratulations! If not, please reread the chapter to make sure that the first block of the foundation is in place.