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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) 70.
(b) 80.
(c) 25.
(d) 50.

2. According to the author, what philosophy translates to "My facts are facts and your facts are not facts"?
(a) "Republican realism."
(b) "Objective reality."
(c) "Consumerism."
(d) "Capitalism."

3. What does the CFTC stand for?
(a) The Community Finance Trading Commission.
(b) The Congressional Finance Trust Commission.
(c) The Commodity Futures Trading Commission.
(d) The Capitalist Futures Commission.

4. Where was John McCain born?
(a) Honolulu, HI.
(b) Akron, OH.
(c) Coco Solo.
(d) Little Rock, AR.

5. 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) 1,000.
(c) 2,000.
(d) 1,300.

Short Answer Questions

1. Scott Brown succeeded what United States Senator?

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

3. During his economic studies, Alan Greenspan worked under Eugene Banks, a managing director at what Wall Street investment bank?

4. What NBC correspondent did Alan Greenspan marry?

5. Who is the protagonist of Atlas Shrugged?

(see the answer key)

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