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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. Richard Nixon was President of the United States during what years?
(a) 1969-1974.
(b) 1971-1982.
(c) 1964-1971.
(d) 1991-1998.

2. Of what political party was Ronald Reagan a member?
(a) Green Party.
(b) Tea Party.
(c) Democrat.
(d) Republican.

3. Richard Nixon had capitalized on the "forgotten Americans." The push to gain these voters was known as________.
(a) The "southern cooperative."
(b) The Tea Party.
(c) The "silent strategy."
(d) The "southern strategy."

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

5. What refers to a market for securities (debt or equity), where business enterprises and governments can raise long-term funds?
(a) Bond market.
(b) Subsidy market.
(c) Capital market.
(d) Derivatives market.

Short Answer Questions

1. Before declaring bankruptcy, Lehman Brothers Holdings Inc. was ranked as the _________ largest investment bank in the United States.

2. For what political party was Sarah Palin the nominee for Vice President of the United States?

3. What refers to an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities?

4. When was Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History published?

5. During what years was Ronald Reagan President of the United States?

(see the answer key)

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