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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. Where did Matt Taibbi hear Sarah Palin's acceptance speech in Chapter 1?
(a) Wall Street, New York, NY.
(b) The Superdome, New Orleans, LA.
(c) The Hewlitt Packard Center, San Jose, CA.
(d) The Xcel Center in St. Paul, MN.

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

3. The fundamental belief of what philosophy is that self-interest is a normal human state and interventionism by the government is unnatural and evil?
(a) Subjectivism.
(b) Objectivism.
(c) Pluralism.
(d) Absurdism.

4. Alan Greenspan recommended the Reagan era increase in Social Security tax, and the rate went from 9.35% to ___________.
(a) 15.3%.
(b) 20.1%.
(c) 13.9%.
(d) 12.5%.

5. What refers to politics or diplomacy based primarily on power and on practical and material factors and considerations, rather than ideological notions or moralistic or ethical premises?
(a) Objectivism.
(b) Conservatism.
(c) Realpolitik.
(d) Capitalism.

Short Answer Questions

1. Eljon Williams contacted what firm to help him get a home loan with a fixed mortgage?

2. In 2008, what 24-year-old of San Bernardino, CA, quit school because she suddenly couldn't afford the gas that it took for the daily trip?

3. What refers to a public entity for the trading of company stock and derivatives at an agreed price?

4. The Tea Party got its name from what CNBC economic analyst?

5. When was Barack Obama inaugurated as President of the United States?

(see the answer key)

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