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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 Prudent Man Rule is based on common law stemming from what Massachusetts court decision?
(a) Anderson and Smith v. Amory.
(b) Harvard College v. Amory.
(c) Amory v. Harvard College.
(d) Yale College v. Harvard University.

2. The protagonist of The Fountainhead is in what profession?
(a) Doctor.
(b) Engineer.
(c) Banker.
(d) Architect.

3. Barack Obama previously served as a United States Senator from what state?
(a) Washington.
(b) Kentucky.
(c) California.
(d) Illinois.

4. What is a private, actively managed investment fund that utilizes sophisticated strategies in international and/or domestic markets, offsets losses during a market downturn, and/or generates returns higher than traditional stock and bond investments?
(a) Credit fund.
(b) Derivatives fund.
(c) Hedge fund.
(d) Stock portfolio.

5. For what political party was Sarah Palin the nominee for Vice President of the United States?
(a) Tea Party.
(b) Green Party.
(c) Democrat.
(d) Republican.

Short Answer Questions

1. Alan Greenspan served as Chairman of the Federal Reserve of the United States during what years?

2. When was Nancy Pelosi born?

3. Who appointed Alan Greenspan as the Federal Reserve chairman?

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

5. In what year was Congress warned in testimony before the House Foreign Affairs Committee about a new world economic order?

(see the answer key)

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