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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. 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) 2008.
(d) 2009.

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

3. 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) Derivatives market.
(c) Bond market.
(d) Speculative market.

4. Alongside what Presidential nominee did Sarah Palin run as Vice President of the United States?
(a) Hillary Clinton.
(b) John McCain.
(c) Barack Obama.
(d) George W. Bush.

5. What refers to a form of government in which engineers, scientists, health professionals, and other technical experts are in control of decision making in their respective fields?
(a) Socialist democracy.
(b) Democracy.
(c) Plurocracy.
(d) Technocracy.

Short Answer Questions

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

2. Who was Vice President to Richard Nixon?

3. Who is the protagonist of Atlas Shrugged?

4. According to the author, the Tea Party believes that the economy is self-correcting as long as commerce and _______ are separated.

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

(see the answer key)

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