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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 5: The Outsourced Highway - Wealth Funds.

Multiple Choice Questions

1. According to the author in Chapter 4: Blowout - The Commodities Bubble, speculators took over the commodities market and by 2008, what percent of commodity exchanges was speculative?
(a) 70.
(b) 50.
(c) 25.
(d) 80.

2. 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) Bond market.
(c) Stock market.
(d) Speculative market.

3. What refers to a numerical expression based on a statistical analysis of a person's credit files that represents the creditworthiness of that person?
(a) Credit score.
(b) Stock portfolio.
(c) Stock score.
(d) Credit annuity.

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

5. Alan Greenspan was born in what area of New York City?
(a) The Upper East Side.
(b) Astoria, Queens.
(c) Greenwich Village.
(d) Washington Heights.

Short Answer Questions

1. Eljon Williams had what profession?

2. What involves an exchange of the defaulted loan instrument (and with it the right to recover the default loan at some later time) for immediate money - usually the face value of the loan?

3. By 2005, there was over how much money in subprime loans approved?

4. In Chapter 1, there was exhaustion because the campaign had been how long?

5. What do SWFs refer to?

(see the answer key)

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