|Name: _________________________||Period: ___________________|
This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 4: Blowout - The Commodities Bubble.
Multiple Choice Questions
1. In what year did Alan Greenspan tell Congress that the risk involved in derivatives was "negligible"?
2. What company did Robert Lukens run in Chapter 4: Blowout - The Commodities Bubble?
(a) Lukens Sanitation Company.
(b) Lukens Roofing.
(c) Lukens Architecture Firm.
(d) Lukens Construction Company.
3. In 2002, less than how much worth of subprime loans was approved?
(a) $200 billion.
(b) $1 billion.
(c) $100 billion.
(d) $300 million.
4. Five years prior to the moment Priscilla Carillo started living in her car, the commodity indices rose from $13 billion to what amount?
(a) $317 billion.
(b) $200 billion.
(c) $893 billion.
(d) $143 billion.
5. What refers to an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities?
(a) Federal Reserve.
(b) Bond market.
(c) Stock exchange.
(d) Treasury market.
Short Answer Questions
1. Eljon Williams had what profession?
2. What does AIG stand for?
3. The investment bank division of Deutsche Bank is head-quartered where?
4. In Chapter 3, what fee did companies that would attach a borrower's name to the credit score of another person who was more credit worthy charge?
5. The Tea Party got its name from what CNBC economic analyst?
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