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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 2: The Biggest Asshole in the Universe.

Multiple Choice Questions

1. From 1948 to 1953, Alan Greenspan worked as an economic analyst at what business and industry oriented think-tank in New York City?
(a) The Republican Commission for Wealth.
(b) The National Industrial Conference Board.
(c) The Democratic Board of Industry.
(d) The Federal Reserve.

2. What refers to a public entity for the trading of company stock and derivatives at an agreed price?
(a) Treasury market.
(b) Stock market.
(c) Bond market.
(d) Capital market.

3. What refers to a market for securities (debt or equity), where business enterprises and governments can raise long-term funds?
(a) Derivatives market.
(b) Bond market.
(c) Subsidy market.
(d) Capital market.

4. In what year was Sarah Palin a candidate for Vice President of the United States?
(a) 2005.
(b) 2002.
(c) 2004.
(d) 2008.

5. What refers to a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation?
(a) Derivitaves market.
(b) Unsubsidized loans.
(c) Ponzi scheme.
(d) Subsidized market.

Short Answer Questions

1. Richard Nixon was President of the United States during what years?

2. When was The Fountainhead published?

3. What NBC correspondent did Alan Greenspan marry?

4. The Tea Party got its name from what CNBC economic analyst?

5. Where was Ayn Rand born?

(see the answer key)

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