View a FREE sample

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

Multiple Choice Questions

1. When did Alan Greenspan earn his doctorate in economics?
(a) 1982.
(b) 1970.
(c) 1977.
(d) 1959.

2. 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?
(a) $3,000.
(b) $1,000.
(c) $1,300.
(d) $500.

3. The protagonist of The Fountainhead is in what profession?
(a) Banker.
(b) Engineer.
(c) Doctor.
(d) Architect.

4. What refers to a financial market where participants can issue new debt, known as the Primary market, or buy and sell debt securities, known as the Secondary market, usually in the form of bonds?
(a) Bond market.
(b) Speculative market.
(c) Stock market.
(d) Derivatives market.

5. When was The Fountainhead published?
(a) 1967.
(b) 1943.
(c) 1941.
(d) 1954.

Short Answer Questions

1. Where are the headquarters of Deutsche Bank?

2. Who was Vice President to Richard Nixon?

3. When was Atlas Shrugged published?

4. Eljon Williams and his wife were shocked when their mortgage went up over how much from one month to the next in Chapter 3?

5. When was Ayn Rand born?

Short Essay Questions

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

2. What does Taibbi write of his thoughts on Sarah Palin in Chapter 1?

3. How are "no doc" loans described in Chapter 3? How were the borrowers scammed in this system?

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

5. What process did banks undertake in order to sells risky loans, as described in Chapter 3?

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

7. What does Taibbi remark about the Tea Party's obsession with the past?

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

9. How did the public and private sectors evolve and change during Alan Greenspan's reign of the Federal Reserve, as described in Chapter 2?

10. How does the author relate Alan Greenspan's methods with those of a casino?

(see the answer keys)

This section contains 839 words (approx. 3 pages at 300 words per page) View a FREE sample