Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History Test | Final Test - Medium

Matt Taibbi
This set of Lesson Plans consists of approximately 129 pages of tests, essay questions, lessons, and other teaching materials.
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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. In Chapter 5, the author was astonished to learn that all the parking meters in what city were on the block for sale?
(a) New York.
(b) Chicago.
(c) New Orleans.
(d) Sacramento.

2. Scott Brown succeeded what United States Senator?
(a) Hillary Clinton.
(b) Ted Kennedy.
(c) James Edwards.
(d) Robert Kennedy.

3. Barack Obama previously served as a United States Senator from what state?
(a) California.
(b) Washington.
(c) Kentucky.
(d) Illinois.

4. Barack Obama taught constitutional law at what university?
(a) Yale University Law School.
(b) The University of Chicago Law School.
(c) Harvard Law School.
(d) Boston College Law School.

5. To what political party does Scott Brown belong?
(a) Democrat.
(b) Green.
(c) Independent.
(d) Republican.

Short Answer Questions

1. According to the author, state taxes were at a five-year low when oil prices surged to how much a barrel?

2. In December 2008, Chicago Mayor Richard Daley announced that he had leased out the city's parking meters for how long?

3. The author was astonished to learn that a port in what state was on the block for sale?

4. When was Barack Obama born?

5. The CFTC was created in what year?

Short Essay Questions

1. When did Richard Daley lease Chicago's parking meters? For how much money were they leased, as described in Chapter 5?

2. What argument did Goldman-Sachs present for lessening regulation, as discussed in Chapter 4?

3. According to the author, what actually caused the surge in oil prices?

4. What led to the end of the Yom Kippur War, as discussed in Chapter 5?

5. Define "derivatives." What creates derivatives?

6. How does Taibbi describe the design of Obamacare?

7. How does Taibbi conclude Chapter 4? What does the author remark regarding the motivations of the wealthy?

8. What administration was responsible for easing regulations on the stock market in Chapter 4?

9. What led up to OPEC's oil embargo in the 1970s, as described in Chapter 5?

10. Where is most of the money in the American health care system tied up?

(see the answer keys)

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