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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7: The Great American Bubble Machine.

Multiple Choice Questions

1. Where was Scott Brown born?
(a) Boston, Massachusetts.
(b) New York, New York.
(c) Chicago, Illinois.
(d) Kittery, Maine.

2. Where did Alan Greenspan earn a B.S. degree in economics summa cum laude?
(a) Princeton University.
(b) Harvard University.
(c) Yale University.
(d) New York University.

3. The three sections of the Pennsylvania turnpike system total how many miles?
(a) 581.
(b) 532.
(c) 210.
(d) 154.

4. When was John McCain born?
(a) 1911.
(b) 1942.
(c) 1936.
(d) 1948.

5. What, according to the author, had been designed as a massive political deal with big giveaways to pharmaceutical companies in the form of subsidies and a big gift to the insurance industry in the form of the individual mandate?
(a) The Congressional Committee for Health Reform.
(b) The Congressional Committee for Finance.
(c) Obamacare.
(d) Capitalism.

Short Answer Questions

1. The Commodity Exchange Act was established under whose administration?

2. The Commodity Exchange Act was enacted in what year?

3. The Internet bubble was one of the worst financial disasters of all time where _________ was lost on the NASDAQ alone?

4. Where was Barack Obama born?

5. Oil prices spiked to how much a barrel in 2008?

(see the answer key)

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