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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Who was Vice President to Richard Nixon?
2. In Atlas Shrugged, a group of men break off on their own and form __________.
3. What involves an exchange of the defaulted loan instrument (and with it the right to recover the default loan at some later time) for immediate money - usually the face value of the loan?
4. What refers to the part of the economy which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state?
5. Eljon Williams and his wife were shocked when their mortgage went up over how much from one month to the next in Chapter 3?
Short Essay Questions
1. How does the author relate Alan Greenspan's methods with those of a casino?
2. How did Ayn Rand influence Alan Greenspan, and in effect, American finance?
3. How did the public and private sectors evolve and change during Alan Greenspan's reign of the Federal Reserve, as described in Chapter 2?
4. What is the fundamental belief of objectivism, as described in Chapter 2?
5. What truth of American politics does Taibbi assert in Chapter 1?
6. What does Taibbi write of his thoughts on Sarah Palin in Chapter 1?
7. How did the market for subprime loans change between 2002 and 2005?
8. How did Matt Taibbi feel about the Presidential campaign in Chapter 1? What events were unforeseen at this point in history?
9. Who was Joe Cassano? What authority did he achieve?
10. What did Eljon Williams learn about the commission involved in his mortgage?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Discuss the role of the news media in politics today. How has the media changed in the past 50 years and what have been the impacts of those changes?
Essay Topic 2
Discuss the political career of Sarah Palin. What does the author assert of Palin's capabilities as a politician?
Essay Topic 3
Discuss Ayn Rand, the "Collective," and Atlas Shrugged. When was Atlas Shrugged published and what impact did it have on society and the intellectual elite?
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This section contains 876 words (approx. 3 pages at 300 words per page) |
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