View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 1: The Grifter Archipelago; or, Why the Tea Party Doesn't Matter.

Multiple Choice Questions

1. According to the author, the Tea Party believes that the economy is self-correcting as long as commerce and _______ are separated.
(a) Government.
(b) Business.
(c) Socialism.
(d) Derivatives.

2. What refers to a public entity for the trading of company stock and derivatives at an agreed price?
(a) Treasury market.
(b) Stock market.
(c) Bond market.
(d) Capital market.

3. According to the author, the top one percent of Americans own almost what percent of the wealth?
(a) 60.
(b) 40.
(c) 20.
(d) 30.

4. The Tea Party movement is an American populist political movement that has sponsored protests and supported political candidates since what year?
(a) 2010.
(b) 2008.
(c) 2009.
(d) 2008.

5. During what years was Ronald Reagan President of the United States?
(a) 1979-1985.
(b) 1971-1978.
(c) 1981-1989.
(d) 1982-1990.

Short Answer Questions

1. In what year was Sarah Palin a candidate for Vice President of the United States?

2. In Chapter 1, there was exhaustion because the campaign had been how long?

3. What refers to a market for securities (debt or equity), where business enterprises and governments can raise long-term funds?

4. What refers to trade in high volumes at prices that are considerably at variance with intrinsic values?

5. When did Lehman Brothers declare bankruptcy?

(see the answer key)

This section contains 194 words (approx. 1 page at 300 words per page) View a FREE sample