View a FREE sample

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

Multiple Choice Questions

1. What does SEC stand for?
(a) Securities Error Corporation.
(b) Securities and Exchange Commission.
(c) Securities and Enterprize Commission.
(d) Static Electrical Commission.

2. What refers to an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities?
(a) Stock exchange.
(b) Federal Reserve.
(c) Treasury market.
(d) Bond market.

3. What is a requirement for a proposal to gain a specified level or type of support which exceeds a simple majority (over 50%)?
(a) Upper majority.
(b) Supermajority.
(c) Great majority.
(d) Superpower.

4. Where was Ayn Rand born?
(a) New York, New York.
(b) New Brunswick, Canada.
(c) Alberta, Canada.
(d) Saint Petersburg, Russia.

5. What refers to trade in high volumes at prices that are considerably at variance with intrinsic values?
(a) Bubble economy.
(b) Free-market economics.
(c) Capitalism.
(d) Socialism.

Short Answer Questions

1. The protagonist of The Fountainhead is in what profession?

2. The loans on the bottom tier of derivatives were referred to as what?

3. In Chapter 3, what fee did companies that would attach a borrower's name to the credit score of another person who was more credit worthy charge?

4. Five years prior to the moment Priscilla Carillo started living in her car, the commodity indices rose from $13 billion to what amount?

5. According to the author, state taxes were at a five-year low when oil prices surged to how much a barrel?

(see the answer key)

This section contains 219 words (approx. 1 page at 300 words per page) View a FREE sample