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

2. What NBC correspondent did Alan Greenspan marry?
(a) Andrea Mitchell.
(b) Michelle Kimble.
(c) Jane Pauley.
(d) Alexis Marcantel.

3. The investment bank division of Deutsche Bank is head-quartered where?
(a) London, England.
(b) Washington, D.C.
(c) Chicago, Illinois.
(d) New York, New York.

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

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

Short Answer Questions

1. Eljon Williams and his wife were shocked when their mortgage went up over how much from one month to the next in Chapter 3?

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

3. Eljon Williams had what profession?

4. What does AIG stand for?

5. During his economic studies, Alan Greenspan worked under Eugene Banks, a managing director at what Wall Street investment bank?

(see the answer key)

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