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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 4: Blowout - The Commodities Bubble.

Multiple Choice Questions

1. The Commodity Exchange Act was enacted in what year?
(a) 1936.
(b) 1942.
(c) 1916.
(d) 1958.

2. What does NINJA stand for in the mortgage industry?
(a) No income, job, or assets.
(b) No income, job, or allocations.
(c) No indictments, job, or allimony.
(d) No incidental job or abilities.

3. In what year was Sarah Palin a candidate for Vice President of the United States?
(a) 2004.
(b) 2005.
(c) 2008.
(d) 2002.

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

5. The Commodity Exchange Act was established under whose administration?
(a) Gerald Ford.
(b) Dwight Eisenhower.
(c) Franklin D. Roosevelt.
(d) Theodore Roosevelt.

Short Answer Questions

1. What does AIG stand for?

2. When was The Fountainhead published?

3. According to Chapter 4, Goldman-Sachs was the dominant index cornering about how much of the speculation market?

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

5. The Bear Stearns Companies, Inc. was based in what US city?

(see the answer key)

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