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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3: Hot Potato, The Great American Mortgage Scam.

Multiple Choice Questions

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

2. In what year did Alan Greenspan earn his M.A. degree in economics?
(a) 1965.
(b) 1970.
(c) 1950.
(d) 1954.

3. When was Ronald Reagan born?
(a) 1925.
(b) 1911.
(c) 1919.
(d) 1930.

4. Eljon Williams and his wife were shocked when their mortgage went up over how much from one month to the next in Chapter 3?
(a) $500.
(b) $300.
(c) $100.
(d) $200.

5. When was Atlas Shrugged published?
(a) 1968.
(b) 1940.
(c) 1948.
(d) 1957.

Short Answer Questions

1. Richard Nixon had capitalized on the "forgotten Americans." The push to gain these voters was known as________.

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

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

4. Who was Vice President to Richard Nixon?

5. What is a private, actively managed investment fund that utilizes sophisticated strategies in international and/or domestic markets, offsets losses during a market downturn, and/or generates returns higher than traditional stock and bond investments?

(see the answer key)

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