This quiz consists of 5 multiple choice and 5 short answer questions through Section IV. A Tale of Three Banks, Chapters 16-19 The Creature Comes to America; A Den of Vipers; Loaves and Fishes, and Civil War; Greenbacks and Other Crimes.

Multiple Choice Questions

1. The nationalization of banks has occurred during conservative or liberal administrations?
(a) The nationalization of banks occurred during conservative as well as liberal administrations.
(b) The nationalization of banks occurred when there is equal balance among all branches of government.
(c) The nationalization of banks occurred during liberal administrations.
(d) The nationalization of banks occurred during conservative administrations.

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

3. What was the name of the central bank established in 1791?
(a) The Bank of New England was chartered in 1791.
(b) The Bank of America was chartered in 1791.
(c) The Bank of the United States was chartered in 1791.
(d) The Bank of the Philadelphia was chartered in 1791.

4. What role did J. P. Morgan have in Milner's secret society?
(a) J.P. Morgan financed the sides of political struggles that agreed with his liberal views.
(b) J.P. Morgan financed all sides of political struggles so that no matter who won, that side would be beholding to him and his organizations.
(c) J.P. Morgan financed all sides of political struggles to boost his chances for elective office.
(d) J.P. Morgan financed the sides of political struggles that agreed with his conservative views.

5. What impact does deflation have on individuals who are repaying loans?
(a) Deflation causes people to repay more value on loans taken out during a bull market.
(b) Deflation causes people to repay more value on loans during an economic downturn.
(c) Deflation causes people to repay more value on loans taken out during a bear market.
(d) Deflation causes people to repay more value on loans taken out during inflationary times.