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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) Ronald Reagan.
(b) Lyndon Johnson.
(c) George H. Bush.
(d) Spiro Agnew.

2. Where did Alan Greenspan earn a B.S. degree in economics summa cum laude?
(a) Yale University.
(b) New York University.
(c) Princeton University.
(d) Harvard University.

3. In 2002, less than how much worth of subprime loans was approved?
(a) $200 billion.
(b) $1 billion.
(c) $100 billion.
(d) $300 million.

4. What refers to a numerical expression based on a statistical analysis of a person's credit files that represents the creditworthiness of that person?
(a) Stock score.
(b) Credit annuity.
(c) Stock portfolio.
(d) Credit score.

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

Short Answer Questions

1. Alongside what Presidential nominee did Sarah Palin run as Vice President of the United States?

2. When was Ronald Reagan born?

3. When did Alan Greenspan earn his doctorate in economics?

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

2. What truth of American politics does Taibbi assert in Chapter 1?

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

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

5. What does Taibbi assert was at the root of the 2008 financial crisis?

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

7. As described in Chapter 2, what was Alan Greenspan's focus in controlling the United States economy?

8. Where was Ayn Rand from? How is she described in Chapter 2?

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

10. Who was Joe Cassano? What authority did he achieve?

(see the answer keys)

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