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 did the U.S. government do to support banks?
(a) The U.S. government forgave the debot of failing banks.
(b) The U.S. government guaranteed depositor money through private insurance companies.
(c) The U.S. government guaranteed depositor money through the FDIC.
(d) The U.S. government guaranteed depositor money through Congress.

2. How open to questioning were the original participants of the 1910 meeting?
(a) Only some of the participants at the 1910 meeting talked about the establishment of the Federal Reserve in interviews conducted years later.
(b) The participants at the 1910 meeting would only agree to talk about the establishment of the Federal Reserve with the New York Times.
(c) None of the participants at the 1910 meeting talked about the establishment of the Federal Reserve in interviews conducted years later.
(d) Most of the participants at the 1910 meeting openly talked about the establishment of the Federal Reserve in interviews conducted years later.

3. When were the International Monetary Fund and World Bank established?
(a) The World Bank and International Monetary Fund were established during the Cold War.
(b) The World Bank and International Monetary Fund were established in 1910 at Jekyll Island.
(c) The World Bank and International Monetary Fund were established in 1929 when the Stock Market crashed.
(d) In 1944, the Bretton Woods Conference took place, out of which came the International Monetary Fund or IMF and World Bank

4. This conspiracy theory about the Federal Reserve pointed the finger at the meeting on Jekyll Island that occurred in 1910.
(a) The conspiracy theory surrounding the Federal Reserve was thought to be hatched at the 1910 Jekyll Island meeting.
(b) The conspiracy theory surrounding the Federal Reserve was thought to have originated during the Great Depression.
(c) The conspiracy theory surrounding the Federal Reserve was thought to have originated at the 1904 World's Fair.
(d) The conspiracy theory surrounding the Federal Reserve was thought to have originated during FDR's administration.

5. What economic group is hit the hardest by an inflation?
(a) Inflation has been a problem for the rich and poor alike, although it hit the chronically poor harder than anyone.
(b) Only the middle class is hurt by inflation.
(c) Only the very wealthiest people are hurt by inflation.
(d) Inflation damages only the very poor in a society.