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. Many people feel that the economic system has been rigged to favor what group of people?
(a) People have realized, at least a little bit, that our economic system had been rigged somewhere in the past to favor the poor by stealing from the rich and middle classes.
(b) People have realized, at least a little bit, that our economic system had been rigged somewhere in the past to favor the middle classes by stealing from the rich and poor classes.
(c) People have realized, at least a little bit, that our economic system had been rigged somewhere in the past to favor the rich by stealing from the poor and middle classes.
(d) People have realized, at least a little bit, that our economic system had been rigged somewhere in the past to favor the rich by stealing from the government revenues.

2. What city became a major part of the welfare state in 1975?
(a) Los Angeles became a major part of the welfare state in 1975 via Federal government bailouts.
(b) Chicago became a major part of the welfare state in 1975 via Federal government bailouts.
(c) New York City became a major part of the welfare state in 1975 via Federal government bailouts.
(d) Atlanta became a major part of the welfare state in 1975 via Federal government bailouts.

3. What is the main transport of both Amtrak and Conrail?
(a) Amtrak had been the passenger side of Penn Central, while Conrail had been the freight side.
(b) Amtrak is the main carrier for government cargo and Conrail is available to the general public.
(c) Amtrak had been the freight side of Penn Central, while Conrail had been the passenger side.
(d) Amtrak operates as a commuter train while Conrail operates as a long-distance carrier.

4. How is the Federal Reserve System reviewed in general?
(a) The Federal Reserve System had become the nation's first source of lending.
(b) The Federal Reserve System had become the lender of last resort.
(c) The Federal Reserve System had become known to have the strictest lending standards.
(d) The Federal Reserve System had become the economic leader of the country.

5. What important aspect about the economic history of the country did the author fail to mention?
(a) The author failed to mention that our economic system may have been fixed at one time and then broken again.
(b) The author failed to mention that our economic system depends on foreign investments.
(c) The author failed to mention that our economic system is impossible to fix.
(d) The author failed to mention that our economic system depends on the success of the stock market.

Short Answer Questions

1. What risky loan activities have banks participated in?

2. What impacted housing prices in the Midwest states?

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

4. What was the location of the meeting where the concept of the Federal Reserve was developed?

5. How did poor regulation contribute to the Savings and Loan crisis of the 1980s?

(see the answer key)

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