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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6: The Trillion-dollar Band-Aid - Health Care Refor.

Multiple Choice Questions

1. The Commodity Exchange Act was enacted in what year?
(a) 1942.
(b) 1958.
(c) 1916.
(d) 1936.

2. Where was Scott Brown born?
(a) Chicago, Illinois.
(b) Boston, Massachusetts.
(c) New York, New York.
(d) Kittery, Maine.

3. According to the author, the correlation between decreasing taxes and rising prices from ________ should not go unnoticed.
(a) The rise of Socialism.
(b) The commodities bubble.
(c) The derivatives market.
(d) The services bubble.

4. Where was John McCain born?
(a) Coco Solo.
(b) Honolulu, HI.
(c) Akron, OH.
(d) Little Rock, AR.

5. Eljon Williams had what profession?
(a) Banker.
(b) Pianist.
(c) Sanitation worker.
(d) Sheriff's deputy.

Short Answer Questions

1. Since the United States does not have a single-payer health care system, there are over how many health agencies, all of which have different forms and standards?

2. The Commodity Exchange Act was established under whose administration?

3. Scott Brown succeeded what United States Senator?

4. According to the author, __________ and other investment banks were responsible for driving up the price of oil through the commodities speculation market.

5. What refers to the part of the economy which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state?

(see the answer key)

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