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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 4: Blowout - The Commodities Bubble.

Multiple Choice Questions

1. What refers to the idea of a society in a repressive and controlled state, often under the guise of being Utopian?
(a) Socialism.
(b) Democracy.
(c) Dystopia.
(d) Communism.

2. With what Tea Party member did Matt Taibbi travel around Nevada in Chapter 1?
(a) Bill Parsons.
(b) Michele Bachmann.
(c) James Williams.
(d) Sarah Palin.

3. Who was Vice President to Richard Nixon?
(a) Ronald Reagan.
(b) Lyndon Johnson.
(c) George H. Bush.
(d) Spiro Agnew.

4. The fundamental belief of what philosophy is that self-interest is a normal human state and interventionism by the government is unnatural and evil?
(a) Pluralism.
(b) Objectivism.
(c) Absurdism.
(d) Subjectivism.

5. In finance, what occurs whenever the loan payment for any period is less than the interest charged over that period so that the outstanding balance of the loan increases?
(a) Negative securitization.
(b) Inverted amortization.
(c) Positive securitization.
(d) Negative amortization.

Short Answer Questions

1. Where are the headquarters of Deutsche Bank?

2. Who is the protagonist of The Fountainhead?

3. According to the author, the Tea Party believes that the economy is self-correcting as long as commerce and _______ are separated.

4. T-Bills mature in what time?

5. In what year was Sarah Palin a candidate for Vice President of the United States?

(see the answer key)

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