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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. According to the author in Chapter 4: Blowout - The Commodities Bubble, speculators took over the commodities market and by 2008, what percent of commodity exchanges was speculative?
(a) 50.
(b) 80.
(c) 70.
(d) 25.

2. What United States Representative said that Obama's health care initiative was a "backroom deal that had nothing to do with the public perception"?
(a) Anderson Cooper.
(b) Dennis Kucinich.
(c) Ted Coppell.
(d) James Edwards.

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

4. According to Chapter 4, Goldman-Sachs was the dominant index cornering about how much of the speculation market?
(a) Two-thirds.
(b) Three-fourths.
(c) One-half.
(d) One-third.

5. Alan Greenspan recommended the Reagan era increase in Social Security tax, and the rate went from 9.35% to ___________.
(a) 13.9%.
(b) 12.5%.
(c) 20.1%.
(d) 15.3%.

Short Answer Questions

1. The protagonist of The Fountainhead is in what profession?

2. The Prudent Man Rule is based on common law stemming from what Massachusetts court decision?

3. Who is the protagonist of The Fountainhead?

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

5. Nancy Pelosi served as the 60th Speaker of the United States House of Representatives from 2007 to ______.

(see the answer key)

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