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

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

3. During his economic studies, Alan Greenspan worked under Eugene Banks, a managing director at what Wall Street investment bank?
(a) Brown Brothers Harriman.
(b) Solomon Edwards.
(c) Deutche Bank.
(d) Simon & Schuster.

4. In what year was Sarah Palin a candidate for Vice President of the United States?
(a) 2002.
(b) 2008.
(c) 2005.
(d) 2004.

5. What refers to an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities?
(a) Federal Reserve.
(b) Bond market.
(c) Treasury market.
(d) Stock exchange.

Short Answer Questions

1. In what year did Alan Greenspan tell Congress that the risk involved in derivatives was "negligible"?

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

3. When was Ayn Rand born?

4. In Atlas Shrugged, a group of men break off on their own and form __________.

5. What refers to the part of the capital markets that deals with the issuance of new securities?

(see the answer key)

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