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. Since its inception in 1910, the Federal Reserve had made what decisions about bank bailouts?
(a) Since its inception in 1910, the Federal Reserve had decided that large banks would get bailouts, medium-sized banks would get some bailouts, and small banks would be left to fail or be acquired by larger banks.
(b) Since its inception in 1910, the Federal Reserve had decided that large banks would be the only banks to get bailouts.
(c) Since its inception in 1910, the Federal Reserve had decided that medium-sized banks would get the majority of bailouts.
(d) Since its inception in 1910, the Federal Reserve had decided that large banks would get bailouts only if they could prove they had complied with all regulations.

2. What do many people feel was the real reason behind the establishment of the Federal Reserve?
(a) Many feel that the real reason for creating the Federal Reserve was to keep poor people from turning to crime.
(b) Many feel that the real reason for creating the Federal Reserve was to keep rich people in power.
(c) Many feel that the real reason for creating the Federal Reserve was to keep the middle class from failing.
(d) Many feel that the real reason for creating the Federal Reserve was to keep the rich from becoming too powerful.

3. What is the fundamental basis of capitalism?
(a) The main idea behind capitalism was making investments in foreign interests.
(b) The main idea behind capitalism was providing welfare to the less fortunate.
(c) The main idea behind capitalism was investment and return on investment.
(d) The main idea behind capitalism was making money and hoarding cash.

4. The author made what sports analogy to describe the problems with the banking system?
(a) Using a golf analogy, the problems with the banking system were presented in a fairly understandable way.
(b) Using a baseball analogy, the problems with the banking system were presented in a fairly understandable way.
(c) Using a soccer analogy, the problems with the banking system were presented in a fairly understandable way.
(d) Using a football analogy, the problems with the banking system were presented in a fairly understandable way.

5. Conspiracy theorists connected the potential of world socialism to what organization?
(a) This conspiracy theory encompassed the entire world by connecting the United Nations with socialism.
(b) This conspiracy theory encompassed the entire world by connecting the IMF with socialism.
(c) This conspiracy theory encompassed the entire world by connecting the World Bank with socialism.
(d) This conspiracy theory encompassed the entire world by connecting the Federal Reserve with socialism.