This quiz consists of 5 multiple choice and 5 short answer questions through Section VI. Time Travel into the Future, Chapters 24-26 Doomsday Mechanisms; A Pessimistic Scenario; A Realistic Scenario.

Multiple Choice Questions

1. What generalization did the author make about conspiracy theorists?
(a) Those who believe in conspiracy theories are usually more well-informed than most people.
(b) Conspiracy theorists are generally more intelligent than the general population.
(c) Those who believe in conspiracy theories usually are better educated than the average person.
(d) There were two kinds of people in the world--those who believed in conspiracy and those who did not.

2. Why was the use of fiat money disallowed in the United States?
(a) The reason the framers of the Constitution elected to eliminate fiat money was because a bank run had recently occurred, and the pain of that was still fresh in the framers' minds.
(b) The reason the framers of the Constitution elected to eliminate fiat money was because rampant deflation had recently occurred, and the pain of that was still fresh in the framers' minds.
(c) The reason the framers of the Constitution elected to eliminate fiat money was because rampant inflation had recently occurred, and the pain of that was still fresh in the framers' minds.
(d) The reason the framers of the Constitution elected to eliminate fiat money was because a severe economic downturn had recently occurred, and the pain of that was still fresh in the framers' minds.

3. How did Nicholas Biddle, leader of The Second Bank, respond to President Andrew Jackson's opposition to him?
(a) Biddle fought back by instigating a depression through his economic control.
(b) Biddle fought back by instigating a depression through the state banks.
(c) Biddle fought back by instigating a depression by tampering with national cash flow.
(d) Biddle fought back by instigating a depression through Congressional legislation.

4. What restricted the the states from using fiat money?
(a) The Federal Reserve specifically restricted the use of fiat money by the states.
(b) The US Congress specifically restricted the use of fiat money by the states.
(c) The International Monetary Fund specifically restricted the use of fiat money by the states.
(d) The Constitution specifically restricted the use of fiat money by the states.

5. What monetary system did the Constitution of the newly formed United States require?
(a) When the United States was formed, the Constitution required gold-backed money.
(b) When the United States was formed, the Constitution required a paper currency system.
(c) When the United States was formed, the Constitution required a fractional money system.
(d) When the United States was formed, the Constitution required that all precious metal be in the control of the government.