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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. The three sections of the Pennsylvania turnpike system total how many miles?
(a) 581.
(b) 210.
(c) 154.
(d) 532.
2. What company did Robert Lukens run in Chapter 4: Blowout - The Commodities Bubble?
(a) Lukens Architecture Firm.
(b) Lukens Sanitation Company.
(c) Lukens Roofing.
(d) Lukens Construction Company.
3. In Chapter 5, the author was astonished to learn that all the parking meters in what city were on the block for sale?
(a) Sacramento.
(b) New York.
(c) New Orleans.
(d) Chicago.
4. According to the author, the correlation between decreasing taxes and rising prices from ________ should not go unnoticed.
(a) The rise of Socialism.
(b) The derivatives market.
(c) The services bubble.
(d) The commodities bubble.
5. Where was Henry Kissinger born?
(a) Israel.
(b) England.
(c) France.
(d) Germany.
Short Answer Questions
1. What do SWFs refer to?
2. In what year did President Nixon decide to rearm the Israelis, angering the oil-producing Arab states?
3. According to Chapter 4, Goldman-Sachs was the dominant index cornering about how much of the speculation market?
4. What refers to the partial or complete prohibition of commerce and trade with a particular country, in order to isolate it?
5. Where was Barack Obama born?
Short Essay Questions
1. How did the SWFs present a danger to the economy, as discussed in Chapter 5: The Outsourced Highway - Wealth Funds? When was Congress warned about the issue?
2. What argument did Goldman-Sachs present for lessening regulation, as discussed in Chapter 4?
3. When did Richard Daley lease Chicago's parking meters? For how much money were they leased, as described in Chapter 5?
4. What scenarios does the author describe for Priscilla Carillo and Robert Lukas in Chapter 4?
5. How did the power structure of Congress change with Scott Brown's election in Chapter 6: The Trillion-dollar Band-Aid - Health Care Reform?
6. How does Taibbi conclude Chapter 4? What does the author remark regarding the motivations of the wealthy?
7. Define "derivatives." What creates derivatives?
8. What changed the regulation for trust funds and pension funds, as described in Chapter 4?
9. What administration was responsible for easing regulations on the stock market in Chapter 4?
10. What is the commodities market and how has it affected American finance?
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This section contains 858 words (approx. 3 pages at 300 words per page) |
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