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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6: The Trillion-dollar Band-Aid - Health Care Refor.

Multiple Choice Questions

1. In what year did Alan Greenspan earn his M.A. degree in economics?
(a) 1954.
(b) 1970.
(c) 1950.
(d) 1965.

2. During the Yom Kippur War, Syria and Egypt attacked territories Israel had captured in what war?
(a) The Six-Day War.
(b) The Seven-Day War.
(c) World War II.
(d) The Syrian War.

3. Alan Greenspan joined the Richard Nixon campaign in what year?
(a) 1972.
(b) 1945.
(c) 1974.
(d) 1968.

4. 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) Ponzi scheme.
(b) Derivitaves market.
(c) Subsidized market.
(d) Unsubsidized loans.

5. When was Alan Greenspan born?
(a) 1911.
(b) 1953.
(c) 1926.
(d) 1940.

Short Answer Questions

1. From what university did Henry Kissinger earn his A.M. and Ph.D. degrees?

2. What does NINJA stand for in the mortgage industry?

3. When was Atlas Shrugged published?

4. What occupation did Barack Obama have before earning his law degree?

5. What refers to the part of the capital markets that deals with the issuance of new securities?

(see the answer key)

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