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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3: Hot Potato, The Great American Mortgage Scam.

Multiple Choice Questions

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

2. 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.

3. What refers to a form of government in which engineers, scientists, health professionals, and other technical experts are in control of decision making in their respective fields?
(a) Plurocracy.
(b) Democracy.
(c) Socialist democracy.
(d) Technocracy.

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

5. In Chapter 1, there was exhaustion because the campaign had been how long?
(a) 18 months.
(b) 12 months.
(c) 6 months.
(d) 8 months.

Short Answer Questions

1. The investment bank division of Deutsche Bank is head-quartered where?

2. Who is the protagonist of Atlas Shrugged?

3. Of what descent was Alan Greenspan's father?

4. During his economic studies, Alan Greenspan worked under Eugene Banks, a managing director at what Wall Street investment bank?

5. AIG was listed on the Dow Jones Industrial Average from _________ to September 22, 2008.

(see the answer key)

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