In 1848, Phineas Gage, a Foreman on a Railroad Construction

question 1

Multiple Choice

In 1848, Phineas Gage, a foreman on a railroad construction crew, suffered a serious head injury when an accidental explosion fired a 13-pound metal rod through his left cheekbone and out the top of his cranium. The damage to Gage's left frontal lobe triggered __________

• A) frequent seizures and episodic memory loss.
• B) profound mental and physical retardation.
• C) a permanent loss of his vision and hearing.
• D) a permanent and profound change in his personality.

Understand the mechanisms and calculations involved in managing a portfolio's exposure to market movements.

Grasp the fundamentals and applications of futures markets and their relationship with arbitrage opportunities.

Comprehend the impact of exchange rates on profits and how businesses can hedge against this risk.

Recognize the benefits swaps provide in managing financial risks and restructuring balance sheets.