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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. Where was Ayn Rand born?
(a) Saint Petersburg, Russia.
(b) New York, New York.
(c) Alberta, Canada.
(d) New Brunswick, Canada.

2. Who is the protagonist of Atlas Shrugged?
(a) Michael Williams.
(b) Howard Roark.
(c) James Edwards.
(d) Dagny Taggart.

3. What refers to a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation?
(a) Unsubsidized loans.
(b) Derivitaves market.
(c) Subsidized market.
(d) Ponzi scheme.

4. 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?
(a) The New Yorker.
(b) Rolling Stone.
(c) Wall Street Journal.
(d) Men's Journal.

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

Short Answer Questions

1. When was Ronald Reagan born?

2. Richard Nixon was President of the United States during what years?

3. Alan Greenspan served as Chairman of the Federal Reserve of the United States during what years?

4. Ronald Reagan was the thirty-third governor of what state?

5. From 1948 to 1953, Alan Greenspan worked as an economic analyst at what business and industry oriented think-tank in New York City?

(see the answer key)

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