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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. Alongside what Presidential nominee did Sarah Palin run as Vice President of the United States?
(a) George W. Bush.
(b) Barack Obama.
(c) John McCain.
(d) Hillary Clinton.

2. Where did Matt Taibbi work as a professional basketball player?
(a) Mexico.
(b) Algeria.
(c) Mongolia.
(d) Russia.

3. The Tea Party got its name from what CNBC economic analyst?
(a) Ted Coppell.
(b) John Anderson.
(c) Rick Santelli.
(d) Anderson Cooper.

4. Nancy Pelosi has represented the 8th Congressional District of what state?
(a) Arizona.
(b) New York.
(c) California.
(d) Alaska.

5. The loans on the bottom tier of derivatives were referred to as what?
(a) Top notch.
(b) AAA.
(c) Toxic waste.
(d) Bottom feeders.

Short Answer Questions

1. What refers to a company that does most of its business on the Internet, usually through a website that uses the popular top-level domain?

2. Kissinger served as National Security Advisor and Secretary of State under which President?

3. What refers to a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from any actual profit earned by the individual or organization running the operation?

4. When did the Great Crash take place on Wall Street, leading to the Great Depression?

5. Ronald Reagan was the thirty-third governor of what state?

(see the answer key)

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