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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6: The Trillion-dollar Band-Aid - Health Care Refor.

Multiple Choice Questions

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

2. What is an independent self-regulatory organization and watchdog of the commodities and futures industry in the United States?
(a) The Congressional Finance Commission.
(b) The Farm Futures Commission.
(c) The Wikileaks Watchdog Corporation.
(d) The National Futures Association.

3. Five years prior to the moment Priscilla Carillo started living in her car, the commodity indices rose from $13 billion to what amount?
(a) $893 billion.
(b) $143 billion.
(c) $200 billion.
(d) $317 billion.

4. Where was Henry Kissinger born?
(a) England.
(b) Germany.
(c) Israel.
(d) France.

5. What refers to the part of the capital markets that deals with the issuance of new securities?
(a) Speculative market.
(b) Secondary market.
(c) Primary market.
(d) Derivatives market.

Short Answer Questions

1. The three sections of the Pennsylvania turnpike system total how many miles?

2. Who had to withdraw from a summer calculus class in San Francisco because he couldn't afford the gas for the commute?

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

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

5. Who was Vice President to Richard Nixon?

(see the answer key)

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