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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Who was Vice President to Richard Nixon?
(a) Lyndon Johnson.
(b) Ronald Reagan.
(c) Spiro Agnew.
(d) George H. Bush.

2. Who is the protagonist of Atlas Shrugged?
(a) Howard Roark.
(b) Dagny Taggart.
(c) James Edwards.
(d) Michael Williams.

3. What refers to the part of the capital markets that deals with the issuance of new securities?
(a) Secondary market.
(b) Primary market.
(c) Speculative market.
(d) Derivatives market.

4. Alan Greenspan was born in what area of New York City?
(a) Astoria, Queens.
(b) The Upper East Side.
(c) Greenwich Village.
(d) Washington Heights.

5. Of what political party was Ronald Reagan a member?
(a) Green Party.
(b) Tea Party.
(c) Democrat.
(d) Republican.

Short Answer Questions

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

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

3. What refers to the part of the economy which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state?

4. In what year was Sarah Palin a candidate for Vice President of the United States?

5. For what political party was Sarah Palin the nominee for Vice President of the United States?

Short Essay Questions

1. What setback does the author describe for a banker named Andy?

2. What impact did Alan Greenspan have on the Federal Reserve during his years in power?

3. What does Taibbi assert to be the fundamental problem the the Tea Party's approach?

4. How does the Tea Party mislead its followers from the true enemy, according to the author?

5. What is the fundamental belief of objectivism, as described in Chapter 2?

6. How did Matt Taibbi feel about the Presidential campaign in Chapter 1? What events were unforeseen at this point in history?

7. Who was Eljon Williams and how did he become involved in a mortgage scam as described in Chapter 3?

8. How does Taibbi believe Sarah Palin took Nixon's campaign strategy further?

9. How did Greenspan's views of American politics change over time?

10. What campaign strategy of Richard Nixon's does Taibbi describe in Chapter 1?

(see the answer keys)

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