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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. According to the author, the top one percent of Americans own almost what percent of the wealth?
(a) 20.
(b) 30.
(c) 60.
(d) 40.

2. The Prudent Man Rule is based on common law stemming from what Massachusetts court decision?
(a) Amory v. Harvard College.
(b) Harvard College v. Amory.
(c) Anderson and Smith v. Amory.
(d) Yale College v. Harvard University.

3. What is a public company that provides analytics and decision making services intended to help financial services companies make complex, high-volume decisions?
(a) FICO.
(b) The Federal Reserve.
(c) Nasdaq.
(d) NATO.

4. Alan Greenspan served as Chairman of the Federal Reserve of the United States during what years?
(a) 1987-2006.
(b) 1990-1999.
(c) 1985-2004.
(d) 1980-2000.

5. What does AIG stand for?
(a) American International Group.
(b) American Independent Group.
(c) Atlanta International Group.
(d) American Industrial Group.

Short Answer Questions

1. The Commodity Exchange Act was established under whose administration?

2. Who is the protagonist of Atlas Shrugged?

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

4. What do T-Bills refer to?

5. Where did Matt Taibbi hear Sarah Palin's acceptance speech in Chapter 1?

(see the answer key)

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