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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. Who is the protagonist of Atlas Shrugged?
(a) James Edwards.
(b) Dagny Taggart.
(c) Michael Williams.
(d) Howard Roark.

2. Alan Greenspan recommended the Reagan era increase in Social Security tax, and the rate went from 9.35% to ___________.
(a) 20.1%.
(b) 15.3%.
(c) 13.9%.
(d) 12.5%.

3. 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 Federal Reserve.
(b) The Democratic Board of Industry.
(c) The Republican Commission for Wealth.
(d) The National Industrial Conference Board.

4. Alan Greenspan served as Chairman of the Federal Reserve of the United States during what years?
(a) 1985-2004.
(b) 1980-2000.
(c) 1990-1999.
(d) 1987-2006.

5. What refers to the part of the capital markets that deals with the issuance of new securities?
(a) Secondary market.
(b) Derivatives market.
(c) Speculative market.
(d) Primary market.

Short Answer Questions

1. According to the author, the top one percent of Americans own almost what percent of the wealth?

2. In what year did Alan Greenspan tell Congress that the risk involved in derivatives was "negligible"?

3. Alan Greenspan was born in what area of New York City?

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

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

(see the answer key)

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