The Creature from Jekyll Island: A Second Look at the Federal Reserve Quiz | Eight Week Quiz C

G. Edward Griffin
This set of Lesson Plans consists of approximately 218 pages of tests, essay questions, lessons, and other teaching materials.

The Creature from Jekyll Island: A Second Look at the Federal Reserve Quiz | Eight Week Quiz C

G. Edward Griffin
This set of Lesson Plans consists of approximately 218 pages of tests, essay questions, lessons, and other teaching materials.
Buy The Creature from Jekyll Island: A Second Look at the Federal Reserve Lesson Plans
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This quiz consists of 5 multiple choice and 5 short answer questions through Section I. What Creature Is This? Chapters 5-6 Nearer to the Heart's Desire; Building the New World Order.

Multiple Choice Questions

1. What impacted housing prices in the Midwest states?
(a) Housing prices declined because of poor construction standards in the area.
(b) The depression in the rust belt that included northern Midwestern states such as Michigan, Ohio and Pennsylvania reduced the number of potential home buyers which in turn depressed housing prices in those areas.
(c) House prices declined because homeowners due to the region's lack of good school systems.
(d) The Rust Belt area of the country was not considered a desirable place in which to live.

2. What do some feel was the reason for establishing the Federal Reserve?
(a) The Federal Reserve System was concocted not to stabilize the economy but to put economic control into the hands of a few people who agreed not to compete with one another.
(b) The Federal Reserve System was concocted not to stabilize the economy and create an economy that was distributed equally among the population.
(c) The Federal Reserve System was concocted to stabilize the economy.
(d) The Federal Reserve System was concocted to put economic control into the hands of the people.

3. How do conspiracy theorists strengthen their stands?
(a) Conspiracy theorists have often resorted to filing lawsuits to demonstrate their beliefs.
(b) Conspiracy theorists often write and publish books to make their cases.
(c) Conspiracy theorists have often write editorials to increase support for their ideas.
(d) Conspiracy theorists have often resorted to soft definitions and the misuse of quotations to strengthen their theories.

4. What action was taken by the Federal Reserve during the 1980s S&L crisis?
(a) The Federal Reserve System usurped the powers of Congress and started handing out money directly to the S&Ls as well.
(b) The Federal Reserve System usurped the powers of Congress and began crafting legislation to bail out the S&Ls.
(c) The Federal Reserve System usurped the powers of Congress and forgave the S&Ls their debts.
(d) The Federal Reserve System usurped the powers of Congress and declared that the S&Ls had the same rights as banks.

5. Why was there skepticism about the author's analysis?
(a) The author was found to be a lobbyist for conservative causes.
(b) The author was not considered an expert on the subject.
(c) Doubt existed because the author's entire analysis was an exercise in historical analysis from subsequent events, which is by nature flawed due to the guesswork involved.
(d) The author refused to be questioned about his research.

Short Answer Questions

1. How does a currency drain occur within the banking system?

2. What importance does political ideology have on the nationalization of banks?

3. Some tactics include cherry-picking examples while oversimplifying causes.

4. What is the author's main complaint?

5. Prior to the establishment of the Federal Reserves, what caused massive bank failures?

(see the answer key)

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