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Lesson #17 Quiz >> Financial Markets

Lesson #17 Quiz >> Financial Markets

1. The percentage of the workforce in nonprofit organizations is:

  • About the same in both emerging and advanced economies.
  • Higher in advanced economies.
  • Higher in emerging economies.
  • Very small if advanced economies.

2. Which of the following are examples for nonprofit organizations? (check all that apply)

  • Dean Karlan’s Innovations for Poverty Action.
  • Robert Shiller’s Case Shiller Weiss Incorporated
  • Peter Tufano’s Doorways to Dreams.
  • Wendy Kopp’s Teach for America.

3. The main differences between cooperatives and nonprofit organizations are: (check all that apply)

  • Cooperatives do not have the maximization of profits as the very first objective.
  • There are no fundamental differences between cooperatives and nonprofit organizations, the unique difference is their different legal treatment.
  • Cooperatives have a specific voting system for its members.
  • Cooperatives may distribute profits.

4. Which of the following tend to be true for cooperatives? (check all that apply)

  • Cooperatives aim to maximize the welfare of the group.
  • Cooperatives are rarely successful.
  • Cooperatives aim to maximize the profits for the group.
  • Cooperatives tend to charge higher prices or lower wages to their employees.

5. A benefit corporation is halfway between:

  • None of the above.
  • Not-or-profit organizations and cooperatives.
  • For-profit organizations and cooperatives.
  • For-profit and not-for-profit organizations.

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