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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 2: The Biggest Asshole in the Universe.

Multiple Choice Questions

1. What refers to a form of government in which engineers, scientists, health professionals, and other technical experts are in control of decision making in their respective fields?
(a) Plurocracy.
(b) Democracy.
(c) Technocracy.
(d) Socialist democracy.

2. According to the author, in his years of power, Alan Greenspan was able to turn the Federal Reserve into what?
(a) A bail-out mechanism for the ultra-rich.
(b) A Socialist mechanism.
(c) A place of integrity and fairness.
(d) An establishment for the poor.

3. Ronald Reagan was the thirty-third governor of what state?
(a) Arizona.
(b) Washington.
(c) Texas.
(d) California.

4. Alongside what Presidential nominee did Sarah Palin run as Vice President of the United States?
(a) Hillary Clinton.
(b) John McCain.
(c) George W. Bush.
(d) Barack Obama.

5. What refers to a financial market where participants can issue new debt, known as the Primary market, or buy and sell debt securities, known as the Secondary market, usually in the form of bonds?
(a) Speculative market.
(b) Bond market.
(c) Stock market.
(d) Derivatives market.

Short Answer Questions

1. According to the author, what philosophy translates to "My facts are facts and your facts are not facts"?

2. Who is the protagonist of Atlas Shrugged?

3. According to the author, the Tea Party believes that the economy is self-correcting as long as commerce and _______ are separated.

4. Alan Greenspan joined the Richard Nixon campaign in what year?

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

(see the answer key)

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