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Maths Exam Questions

1960: A logger sells a truckload of lumber for $100. His cost of production is 4/5 of this price. What is his profit?

1970 (Traditional math): A logger sells a truckload of lumber for $100. His cost of production is $80. What is his profit?

1975 (New Math): A logger exchanges a set L of lumber for a set M of money. The cardinality of set M is 100 and each element is worth $1.

(a) make 100 dots representing the elements of the set M

(b) The set C representing costs of production contains 20 fewer points than set M. Represent the set C as a subset of the set M.

(c) What is the cardinality of the set P of profits?

1990 (Dumbed-down math): A logger sells a truckload of lumber for $100. His cost of production is $80 and his profit is $20. Underline the number 20.

1997 (Whole Math): By cutting down a forest full of beautiful trees, a logger makes $20.

(a) What do you think of this way of making money?

(b) How did the forest birds and squirrels feel?

(c) Draw a picture of the forest as you'd like it to look.

2008 A Logger wishes to cut down a forest, so he creates a shell company in the Cayman Islands with an off balance sheet debt of over 10,000 shares per tree. How much money will the Government have to pay out to the Banks that have invested?

*Bonus points for calculating how much your taxes will have to rise.*

2020 A Logger wishes to cut down a Forest. There are no Forests left, how many credits will it cost him for a copy of 'Virtual Forest'?