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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. 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 Orleans.
(c) New York.
(d) Chicago.

2. In December 2008, Chicago Mayor Richard Daley announced that he had leased out the city's parking meters for how long?
(a) 50 years.
(b) 30 years.
(c) 75 years.
(d) 25 years.

3. For what state was Scott Brown elected Senator?
(a) Illinois.
(b) Kansas.
(c) Massachusetts.
(d) Washington.

4. When was Nancy Pelosi born?
(a) 1948.
(b) 1940.
(c) 1949.
(d) 1958.

5. Where did Scott Brown earn his law degree?
(a) Boston College Law School.
(b) Columbia School of Law.
(c) Harvard Law School.
(d) Yale University School of Law.

Short Answer Questions

1. Since the United States does not have a single-payer health care system, there are over how many health agencies, all of which have different forms and standards?

2. Nancy Pelosi is the Minority Leader of ______________.

3. When was the Uniform Prudent Investor Act enacted?

4. Barack Obama led a close campaign in the 2008 Democratic Party presidential primaries against whom?

5. When did the Yom Kippur War begin?

Short Essay Questions

1. How does Taibbi conclude Chapter 4? What does the author remark regarding the motivations of the wealthy?

2. 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?

3. What is the commodities market and how has it affected American finance?

4. Where is most of the money in the American health care system tied up?

5. Why did Obama support giveaways to pharmaceutical companies, as discussed in Chapter 6?

6. What does Taibbi assert as an ominous element of health care legislation?

7. How did the power structure of Congress change with Scott Brown's election in Chapter 6: The Trillion-dollar Band-Aid - Health Care Reform?

8. What argument did Goldman-Sachs present for lessening regulation, as discussed in Chapter 4?

9. What did the news media and politicians attempt to blame the surge in oil prices on in Chapter 4?

10. Who was responsible for purchasing Chicago's parking meters, as described in Chapter 5?

(see the answer keys)

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