1. This conspiracy theory about the Federal Reserve pointed the finger at the meeting on Jekyll Island that occurred in 1910.
(a) The conspiracy theory surrounding the Federal Reserve was thought to have originated at the 1904 World's Fair.
(b) The conspiracy theory surrounding the Federal Reserve was thought to have originated during FDR's administration.
(c) The conspiracy theory surrounding the Federal Reserve was thought to be hatched at the 1910 Jekyll Island meeting.
(d) The conspiracy theory surrounding the Federal Reserve was thought to have originated during the Great Depression.

2. What importance does political ideology have on the nationalization of banks?
(a) The nationalization of banks is such a strong part of the overall economy that political ideology did not matter.
(b) The Congressional chairman of the Banking Committee influences support for nationalization.
(c) Political lobbyists for banks have great influence on their nationalization.
(d) Liberal ideologues have the great influence on bank legislation.

3. What caused the economy to get into such a state that the government was compelled to bail out banks?
(a) The argument could be made that lax lending practices and overly speculative investments had forced the government to use tax dollars in the bailouts.
(b) The International Monetary Fund had become dangerously unstable.
(c) The US Congress failed to pass legislation that would have boosted the economy.
(d) The American people were taking out too many home loans.

4. The Federal Reserve System was designed to control what element of member banks?
(a) The Federal Reserve System was designed to control how much reserve cash any member bank had to keep on hand.
(b) The Federal Reserve System was designed to control a bank's cash flow.
(c) The Federal Reserve System was designed to control a bank's ability to make loans.
(d) The Federal Reserve System was designed to control how much reserve cash a bank can invest in its expansion.

5. What historic reference is contained in this chapter?
(a) A history of the Federal Reserve chairmain is contained in this section.
(b) A history of bailouts was outlined in this chapter, starting in 1970 with Penn Central Railroad.
(c) A history of the laws regulating the economy is contained in this chapter.
(d) A history of legislation regarding the Federal Reserve is contained in this section.