True or False Chapter 31 Self-Quiz 1

. At the time of the attacks on the World Trade Center and Pentagon on September 11, 2001, American

intelligence services were not yet familiar with the terror organization Al Qaeda.

True

False

. His brutal invasion of Iraq in 2003 earned President George W. Bush the nickname "the butcher of Baghdad."

True

False

. With the increase of troop deployments in Iraq in 2007, American casualties there declined.

True

False

. Critics of George W. Bush's plan to privatize Social Security pointed out that the stock market could never

yield the same high returns as the government program.

True

False

. On the eve of Hurricane Katrina, New Orleans was not just known as the "Big Easy" but also as one of the

nation's poorest cities.

True

False

. Many companies in the dot-com business banked on attracting zealous investors to their initial public stock

offerings through stock market analyst recommendations.

True

False

. Many borrowers in the housing bubble relied on the hope that their adjustable mortgage rates would fall in

the future.

True

False

. Heavily dependent on its export market, Japan's economy remained mired in recession in 2008.

True

False

. The BP oil spill in the Gulf of Mexico resulted in Congress passing legislation to encourage a move away

from reliance on oil for energy.

True

False

. The dismal results of the midterm election of 2010 prompted GOP House Speaker John Boehner to resign from

his position.

True

False

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