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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8, Who Protects the Worker?.

Multiple Choice Questions

1. A deposit represents:
(a) a loan to the individual
(b) a liability of the individual
(c) money stuffed in a mattress
(d) a claim against the bank

2. Equality before the law refers to all but:
(a) race
(b) nationality
(c) innate abilities
(d) religion

3. Which kind of worker has no protection?
(a) states employees
(b) employees of a conglomerate
(c) federal employees
(d) workers with no possible employer

4. What functions as the central bank for the United States?
(a) Chase Bank
(b) the Bank of England
(c) the Bank of the United States
(d) the Federal Reserve System

5. The first head of the Federal Reserve System was:
(a) Alexander Hamilton
(b) J.P. organ
(c) Alan Greenspan
(d) Benjamin Strong

Short Answer Questions

1. Enforced equality is a part of life in:

2. The country whose post-World War II domestic policy was aimed at promoting equality of outcomes is:

3. A coordinated restriction of payments by banks is used:

4. When the Fed sells bonds:

5. Equality of outcomes is related to:

(see the answer key)

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