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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. Who is the protagonist of Atlas Shrugged?
(a) Michael Williams.
(b) James Edwards.
(c) Dagny Taggart.
(d) Howard Roark.

2. In what year did Alan Greenspan earn his M.A. degree in economics?
(a) 1950.
(b) 1954.
(c) 1965.
(d) 1970.

3. What refers to trade in high volumes at prices that are considerably at variance with intrinsic values?
(a) Capitalism.
(b) Socialism.
(c) Bubble economy.
(d) Free-market economics.

4. Of what political party was Ronald Reagan a member?
(a) Green Party.
(b) Tea Party.
(c) Republican.
(d) Democrat.

5. When was Alan Greenspan born?
(a) 1953.
(b) 1940.
(c) 1926.
(d) 1911.

Short Answer Questions

1. According to the author, the top one percent of Americans own almost what percent of the wealth?

2. When did Alan Greenspan earn his doctorate in economics?

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

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?

5. Richard Nixon had capitalized on the "forgotten Americans." The push to gain these voters was known as________.

(see the answer key)

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