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RMI 2302 EXAM 3 REVIEW QUESTIONS

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RMI 2302 EXAM 3 REVIEW QUESTIONS

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RMI 2302 EXAM 3 REVIEW QUESTIONS


In modules 10 thru 14 we discussed larger social risks. With regard to which of these
social risks did we discuss the fact that the risk is not uniform?

I. Poverty
II. Natural Disasters
III. Aging Population - Answers - I, II, and III

According to the 2017 Global Risks Report, food crises are classified as what kind of
global risk?

A. Geopolitical
B. Technological
C. Societal
D. Economic
E. Environmental - Answers - Societal

*(Hard but will not be on exam)

What term can best describe the impact of politics on markets?

A. Business risk
B. Reputational risk
C.Political risk
D. Exchange rate risk
E. None of the above - Answers - Political Risk

When measuring the likelihood of natural disaster, the number of years between same-
sized events is also known as:

A. Breaking Point
B. Occurrence Equivalent
C. Return Period
D. Likelihood
E. None of the above - Answers - Return Period

In module 13, we discussed an aging population, growing risk aversion and shorter
investment windows as part of which of the following specific risks?

I. Economic Development
II. Savings rates and investments
III. Social/Political upheaval - Answers - II Only

, Which of the following are methods managing natural hazard risk:

I. Mitigation
II. Resilience - Answers - I and II

Which of the following are listed as potential risks of AI?

I. Risk Reduction
II. Developing biases
III. Weaponization of AI - Answers - II and III

Which of the following implies an opposition to globalization and free trade?

A. Political risk
B. Economic nationalism
C. TRIA
D. Oil industry
E. Global risks - Answers - Economic Nationalism

Altruism refers to:

A. Disaster Recovery
B. People helping others in a time of need
C. The sale of goods necessary for recovery following a disaster
D. All of the above
E. None of the above - Answers - People helping others in a time of need

Which of the following is a driver of economic nationalism?

A. Global GDP growth
B. Regime changes
C. Income diversification
D. All of the above are drivers of economic nationalism
E. None of the above are drivers of economic nationalism - Answers - Regime changes

Which of the following are triggers to declining civic freedoms discussed in the 2017
Global Risks Report?

A. Rising nationalism
B. Counter-terrorism
C. Market Fundamentalism
D. All of the above are correct
E. None of the above are the correct - Answers - All above

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