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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 2: The Biggest Asshole in the Universe.

Multiple Choice Questions

1. According to the author, what philosophy translates to "My facts are facts and your facts are not facts"?
(a) "Capitalism."
(b) "Objective reality."
(c) "Consumerism."
(d) "Republican realism."

2. During his economic studies, Alan Greenspan worked under Eugene Banks, a managing director at what Wall Street investment bank?
(a) Solomon Edwards.
(b) Brown Brothers Harriman.
(c) Simon & Schuster.
(d) Deutche Bank.

3. Who is the protagonist of The Fountainhead?
(a) John Gatsby.
(b) Dagny Taggart.
(c) Howard Roark.
(d) Sarah Anderson.

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?
(a) Stock market.
(b) Speculative market.
(c) Derivatives market.
(d) Bond market.

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

Short Answer Questions

1. Where did Alan Greenspan study clarinet from 1943 to 1944?

2. Where did Alan Greenspan earn a B.S. degree in economics summa cum laude?

3. For what magazine was Matt Taibbi working as a reporter when he describes having listened to the acceptance speech of Sarah Palin in Chapter 1?

4. Who is the protagonist of Atlas Shrugged?

5. Where was Ayn Rand born?

(see the answer key)

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