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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. Who had to withdraw from a summer calculus class in San Francisco because he couldn't afford the gas for the commute?
(a) Peter Carillo.
(b) Robert Lukens.
(c) Sam Serenda.
(d) Leroy Marcus.

2. When did Alan Greenspan earn his doctorate in economics?
(a) 1982.
(b) 1977.
(c) 1959.
(d) 1970.

3. Where was Ayn Rand born?
(a) New York, New York.
(b) New Brunswick, Canada.
(c) Alberta, Canada.
(d) Saint Petersburg, Russia.

4. Since the United States does not have a single-payer health care system, there are over how many health agencies, all of which have different forms and standards?
(a) 1,500.
(b) 1,300.
(c) 1,000.
(d) 2,000.

5. In 2008, what 24-year-old of San Bernardino, CA, quit school because she suddenly couldn't afford the gas that it took for the daily trip?
(a) Leroy Marcus.
(b) Priscilla Carillo.
(c) Sam Serenda.
(d) Robert Lukens.

Short Answer Questions

1. During which President's administration did the head of the Commodity Futures Trading Commission allow Wall Street speculation to be recognized as "bona fide hedging"?

2. Alan Greenspan recommended the Reagan era increase in Social Security tax, and the rate went from 9.35% to ___________.

3. Alan Greenspan was born in what area of New York City?

4. Five years prior to the moment Priscilla Carillo started living in her car, the commodity indices rose from $13 billion to what amount?

5. Oil prices spiked to how much a barrel in 2008?

(see the answer key)

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