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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. Of what descent was Alan Greenspan's father?
(a) Russian-Jewish.
(b) Romanian-Jewish.
(c) Middle Eastern.
(d) Hungarian-Jewish.

2. Goldman-Sachs is headquartered at what address in New York City?
(a) 1400 Broadway.
(b) 200 West Street.
(c) 100 Wall Street.
(d) 2300 West Street.

3. The investment bank division of Deutsche Bank is head-quartered where?
(a) London, England.
(b) New York, New York.
(c) Washington, D.C.
(d) Chicago, Illinois.

4. T-Bills mature in what time?
(a) 1 year or less.
(b) 5 years or more.
(c) 2 years.
(d) 10 years or less.

5. What refers to a market for securities (debt or equity), where business enterprises and governments can raise long-term funds?
(a) Subsidy market.
(b) Derivatives market.
(c) Bond market.
(d) Capital market.

Short Answer Questions

1. The Commodity Exchange Act replaced what earlier act from 1922?

2. When did Lehman Brothers declare bankruptcy?

3. What does OPEC stand for?

4. The Prudent Man Rule was last revised in what year?

5. Where did Alan Greenspan earn a B.S. degree in economics summa cum laude?

(see the answer key)

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