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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. When was The Fountainhead published?
(a) 1954.
(b) 1967.
(c) 1941.
(d) 1943.
2. What NBC correspondent did Alan Greenspan marry?
(a) Michelle Kimble.
(b) Alexis Marcantel.
(c) Jane Pauley.
(d) Andrea Mitchell.
3. When was Atlas Shrugged published?
(a) 1948.
(b) 1940.
(c) 1957.
(d) 1968.
4. When was Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History published?
(a) December, 2009.
(b) September, 2011.
(c) October, 2009.
(d) September, 2008.
5. Eljon Williams learned that the firm which helped him obtain a mortgage had gotten a commission of how much money?
(a) $12,000.
(b) $10,000.
(c) $8,000.
(d) $5,000.
Short Answer Questions
1. Alongside what Presidential nominee did Sarah Palin run as Vice President of the United States?
2. Eljon Williams had what profession?
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. Richard Nixon was President of the United States during what years?
5. Alan Greenspan was born in what area of New York City?
Short Essay Questions
1. As described in Chapter 2, what was Alan Greenspan's focus in controlling the United States economy?
2. Describe Alan Greenspan's childhood and education. Where did Greenspan study economics?
3. What impact did Alan Greenspan have on the Federal Reserve during his years in power?
4. Describe the different tranches of subprime loans discussed in Chapter 3. What were the differences between the tranches?
5. Where was Ayn Rand from? How is she described in Chapter 2?
6. How did the public and private sectors evolve and change during Alan Greenspan's reign of the Federal Reserve, as described in Chapter 2?
7. What truth of American politics does Taibbi assert in Chapter 1?
8. What does Taibbi assert to be the fundamental problem the the Tea Party's approach?
9. What does Taibbi remark about the Tea Party's obsession with the past?
10. How did Matt Taibbi feel about the Presidential campaign in Chapter 1? What events were unforeseen at this point in history?
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