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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. In December 2008, Chicago Mayor Richard Daley announced that he had leased out the city's parking meters for how long?
(a) 25 years.
(b) 75 years.
(c) 30 years.
(d) 50 years.

2. According to the author, the top one percent of Americans own almost what percent of the wealth?
(a) 20.
(b) 60.
(c) 30.
(d) 40.

3. Eljon Williams contacted what firm to help him get a home loan with a fixed mortgage?
(a) Merrill Lynch.
(b) Solomon Edwards.
(c) Goldman-Sachs.
(d) Wachovia.

4. 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) 25.
(c) 50.
(d) 80.

5. Ronald Reagan was the thirty-third governor of what state?
(a) Arizona.
(b) Washington.
(c) California.
(d) Texas.

Short Answer Questions

1. According to the author, the correlation between decreasing taxes and rising prices from ________ should not go unnoticed.

2. When was the Uniform Prudent Investor Act enacted?

3. Of what descent was Alan Greenspan's father?

4. When was The Fountainhead published?

5. In Chapter 5, the author was astonished to learn that all the parking meters in what city were on the block for sale?

(see the answer key)

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