UofT/RC
How many years is an MBA program?
2
What term describes the loss of economic efficiency when a tax or price control is imposed?
DWL
Name 1 RC club each mentor is involved in?
Various answers.
What concept describes why $100 today is worth less than $100 tomorrow?
Time value of money.
What is the capital of Newfoundland and Labrador?
St John's.
What numerical weekday does Reading Week start?
16th
In game theory, what equilibrium occurs when no player has an incentive to deviate unilaterally?
Nash Equilibrium.
Which specialists do we both study?
Finance and Economics
What is it called when an already listed security issues more shares?
SEO
Which philosopher and economist heavily influenced modern capitalism?
Adam Smith
What type of policy is controlled by central banks?
Monetary policy.
Which cities are we both from?
Mississauga (Camila) and Toronto (Cedric)
What Canadian stock exchange hosts small cap companies?
What statistic measures income inequality?
Gini Coefficient.
How many official student organizations does RC have to the nearest 5?
30
What is the economic state where resources are allocated in a way that makes it impossible to improve one person’s situation without making at least one other person worse off
Pareto effciency
What class did Cedric and Camila first meet in 1st year?
ECO101
What concept measures a firm's sensitivity to market risk?
Beta.
What psychological concept explains why many first-year commerce students overestimate their relative performance?
Dunning–Kruger effect.
What plant is mentioned in UofT's motto?
"Velut Arbor Aevo" --> Tree
What theory states that exchange rates should adjust so identical goods cost the same across countries?
Purchasing Power Parity (PPP)
What college are both mentors a part of?
Trinity!!!
What is the biggest bank in the world?
Industrial and Commercial Bank of China (Bank of China accepted)
What is the 5th largest country in the world by area?
Brazil