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

2. With what Tea Party member did Matt Taibbi travel around Nevada in Chapter 1?
(a) James Williams.
(b) Michele Bachmann.
(c) Sarah Palin.
(d) Bill Parsons.

3. Who appointed Alan Greenspan as the Federal Reserve chairman?
(a) Ronald Reagan.
(b) Bill Clinton.
(c) George W. Bush.
(d) George H. Bush.

4. What refers to a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation?
(a) Derivitaves market.
(b) Ponzi scheme.
(c) Subsidized market.
(d) Unsubsidized loans.

5. When was The Fountainhead published?
(a) 1967.
(b) 1954.
(c) 1941.
(d) 1943.

Short Answer Questions

1. When was Alan Greenspan born?

2. The fundamental belief of what philosophy is that self-interest is a normal human state and interventionism by the government is unnatural and evil?

3. In what year did Alan Greenspan earn his M.A. degree in economics?

4. What refers to an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities?

5. When did Lehman Brothers declare bankruptcy?

(see the answer key)

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