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

Multiple Choice Questions

1. On a rising market what should each trade be?
(a) The average of all trades.
(b) Lower than the last one.
(c) Higher than the last one.
(d) The same as the last one.

2. How much money did Livingston make on the Union Pacific sell off?
(a) $75,000.
(b) $150,000.
(c) $250,000.
(d) $100,000.

3. What do the banks ask Livingston to not do during the panic of 1907?
(a) Sell any more stock.
(b) Sell commodities.
(c) Buy mutual funds.
(d) Buy any more stock.

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

5. Where does Livingston go after the dealings with Percy?
(a) Washington D.C.
(b) Chicago.
(c) Boston.
(d) Atlanta.

Short Answer Questions

1. The price on the stocks in bucket shops is in what according to time?

2. What does Livingston decide to buy next?

3. How does Livingston feel about the amount of money he's making?

4. What did Livingston do about individual stocks?

5. What does Livingston say is impossible to catch?

(see the answer key)

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