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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7: The Great American Bubble Machine.

Multiple Choice Questions

1. Where did Alan Greenspan study clarinet from 1943 to 1944?
(a) The Juilliard School.
(b) New York University.
(c) Harvard University.
(d) Boston College.

2. Where was Barack Obama born?
(a) Honolulu, Hawaii.
(b) New York, New York.
(c) Bern, Switzerland.
(d) Chicago, Illinois.

3. What refers to trade in high volumes at prices that are considerably at variance with intrinsic values?
(a) Bubble economy.
(b) Socialism.
(c) Capitalism.
(d) Free-market economics.

4. When was Barack Obama named the Nobel Peace Prize laureate?
(a) November, 2009.
(b) September, 2009.
(c) October, 2009.
(d) October, 2008.

5. Nancy Pelosi is the Minority Leader of ______________.
(a) The United States Supreme Court.
(b) The United States Senate.
(c) The United States House of State.
(d) The United States House of Representatives.

Short Answer Questions

1. Since 2002, Deutsche Bank's Chief Executive Officer and Chairman of the Group Executive Committee has been __________.

2. Matt Taibbi's reporting indicates that Goldman-Sachs was not a company of geniuses, but a company of _______.

3. By 2005, there was over how much money in subprime loans approved?

4. According to Chapter 4, Goldman-Sachs was the dominant index cornering about how much of the speculation market?

5. Eljon Williams contacted what firm to help him get a home loan with a fixed mortgage?

(see the answer key)

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