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. What resulted after the first electronic run on banks in 1983?
(a) The first electronic run on banks happened in 1983, leading to one trillion dollars being added to the deficit.
(b) The first electronic run on banks happened in 1983, leading to a hoarding of cash.
(c) The first electronic run on banks happened in 1983, leading to a collapse of the economy.
(d) The first electronic run on banks happened in 1983, leading to a massive bailout in the $6 billion range.

2. 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 to boost his chances for elective office.
(c) J.P. Morgan financed the sides of political struggles that agreed with his conservative views.
(d) 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.

3. What often occurs to a conspiracy theory when deceit is not used to strengthen their case?
(a) Without the use of evasive tactics, the conspiracy theories often fall apart in their early stages of development.
(b) Without using deceit, conspiracy theories are often debated in a higher education venue.
(c) Without using deceit, conspiracy theories are proven on the arena of public opinion.
(d) Without using deceit, conspiracy theories usually stand on their own merit.

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

5. What did the issuance of the first paper money lead to?
(a) The class system evolved from the establishment of the paper money system.
(b) Banks evolved from the establishment of the paper money system.
(c) The lending process evolved from the establishment of the paper money system.
(d) Stronger economies evolved from the establishment of the paper money system.