This quiz consists of 5 multiple choice and 5 short answer questions through Section II. A Crash Course on Money, Chapters 9-10 The Secret Science; The Mandrake Mechanism.

Multiple Choice Questions

1. How did the government provide economic support to Lockheed Corporation in 1970?
(a) In 1970, the US government agreed to pay Lockheed Corporation twenty-percent over their selling prices.
(b) In 1970, Lockheed Corporation was made a unit of the Defense Department.
(c) In 1970, Lockheed Corporation had troubles and became a prime government contractor, another way of nationalizing private industry.
(d) In 1970, Lockheed Corporation was forgiven of all defense-related debt.

2. How was the nationalization of banks justified?
(a) Nationalization was necessary for the nation's standing in the world.
(b) Nationalization was necessary for the public good.
(c) Nationalization was necessary for the banking industry.
(d) Nationalization was necessary for the IMF.

3. What resulted from the Mandrake Mechanism?
(a) The results of this system included social planning and hidden taxation and currency devaluation.
(b) The results of this system included social planning and hidden taxation by means of inflation.
(c) The results of this system included social planning and tax relief.
(d) The results of this system included social planning and hidden taxation by means of deflation.

4. What culture first developed the modern equivalent of the banking industry?
(a) The city-state of Sparta was considered to have started banking as known today by establishing the Banco della Piazza del Rialto in 1584.
(b) The city-state of Athens was considered to have started banking as known today by establishing the Banco della Piazza del Rialto in 1584.
(c) The city-state of Rome was considered to have started banking as known today by establishing the Banco della Piazza del Rialto in 1584.
(d) The city-state of Venice was considered to have started banking as known today by establishing the Banco della Piazza del Rialto in 1584.

5. Why did banks ask for interest-only payments?
(a) The bank would arrange for interest payments only to keep the profits coming in.
(b) The bank would arrange for interest payments only to take the burden off the customer.
(c) The bank would arrange for interest payments only to keep the loan viable.
(d) The bank would arrange for interest payments only so that their customers could keep a good credit rating>