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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 established under whose administration?
(a) Franklin D. Roosevelt.
(b) Theodore Roosevelt.
(c) Dwight Eisenhower.
(d) Gerald Ford.

2. What is an independent self-regulatory organization and watchdog of the commodities and futures industry in the United States?
(a) The Farm Futures Commission.
(b) The Wikileaks Watchdog Corporation.
(c) The Congressional Finance Commission.
(d) The National Futures Association.

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

4. When did John McCain marry Carol Shepp?
(a) 1965.
(b) 1975.
(c) 1948.
(d) 1985.

5. Eljon Williams and his wife were shocked when their mortgage went up over how much from one month to the next in Chapter 3?
(a) $200.
(b) $100.
(c) $300.
(d) $500.

Short Answer Questions

1. Richard Nixon was President of the United States during what years?

2. Of what descent was Alan Greenspan's father?

3. What does the CFTC stand for?

4. The investment bank division of Deutsche Bank is head-quartered where?

5. What was the name of Ayn Rand's circle of intellectuals which was dedicated to relentless self-interest?

(see the answer key)

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