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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. With what Tea Party member did Matt Taibbi travel around Nevada in Chapter 1?
(a) Michele Bachmann.
(b) Bill Parsons.
(c) Sarah Palin.
(d) James Williams.

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

3. In Chapter 1, there was exhaustion because the campaign had been how long?
(a) 8 months.
(b) 18 months.
(c) 6 months.
(d) 12 months.

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

5. Before declaring bankruptcy, Lehman Brothers Holdings Inc. was ranked as the _________ largest investment bank in the United States.
(a) Second.
(b) First.
(c) Third.
(d) Fourth.

Short Answer Questions

1. Alongside what Presidential nominee did Sarah Palin run as Vice President of the United States?

2. The Tea Party got its name from what CNBC economic analyst?

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

4. What refers to a financial market where participants can issue new debt, known as the Primary market, or buy and sell debt securities, known as the Secondary market, usually in the form of bonds?

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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