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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter XI.

Multiple Choice Questions

1. How much money does Livingston have when he goes to Wall Street?
(a) $10,000.
(b) $5000.
(c) $4500.
(d) $2500.

2. How old was Livingston when he made his first $1000?
(a) 21.
(b) 15.
(c) 19.
(d) 17.

3. Why is corn having a hard time getting to the market?
(a) Due to a union stike.
(b) Due to government regulations.
(c) Due to the weather.
(d) Due to the roads.

4. What does Livingston complain about Wall Street?
(a) How much money he lost.
(b) How everyone is unfriendly.
(c) How the market goes up and down too much.
(d) How slow trades are.

5. What's the difference between working on the stock exchange and the bucket shops?
(a) Bucket shops are run by the mob.
(b) Wall Street requires you to wear a suit and tie.
(c) Bucket shops require more money.
(d) In bucket shops you only bet on a stock; in Wall Street you buy it.

Short Answer Questions

1. What does Livingston finally begin to study?

2. What does Union Pacific announce that dismays Livingston?

3. What does Livingston decide to buy next?

4. What does Livingston do at several small alternate exchanges?

5. Why does Livingston take his profit out so fast?

(see the answer key)

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