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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. In Chapter 5, the author was astonished to learn that all the parking meters in what city were on the block for sale?

2. When was Henry Kissinger born?

3. According to the author, the correlation between decreasing taxes and rising prices from ________ should not go unnoticed.

4. In what year was Congress warned in testimony before the House Foreign Affairs Committee about a new world economic order?

5. Barack Obama previously served as a United States Senator from what state?

Short Essay Questions

1. What scenarios does the author describe for Priscilla Carillo and Robert Lukas in Chapter 4?

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

3. Define "derivatives." What creates derivatives?

4. When did Richard Daley lease Chicago's parking meters? For how much money were they leased, as described in Chapter 5?

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

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

7. 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?

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

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

10. What was index speculation comprised of, as described in Chapter 4?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Discuss the political career of Richard Nixon and the 1968 Presidential election. What strategies were in place for Nixon?

Essay Topic 2

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?

Essay Topic 3

Describe and discuss the life and career of Alan Greenspan. How did Greenspan come to become head of the Federal Reserve?

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