The Creature from Jekyll Island: A Second Look at the Federal Reserve Quiz | Eight Week Quiz C

G. Edward Griffin
This set of Lesson Plans consists of approximately 218 pages of tests, essay questions, lessons, and other teaching materials.

The Creature from Jekyll Island: A Second Look at the Federal Reserve Quiz | Eight Week Quiz C

G. Edward Griffin
This set of Lesson Plans consists of approximately 218 pages of tests, essay questions, lessons, and other teaching materials.
Buy The Creature from Jekyll Island: A Second Look at the Federal Reserve Lesson Plans
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This quiz consists of 5 multiple choice and 5 short answer questions through Section I. What Creature Is This? Chapters 5-6 Nearer to the Heart's Desire; Building the New World Order.

Multiple Choice Questions

1. What caused the Savings & Loan crisis of the 1980s?
(a) The Savings and Loan or S&L crisis of the 1980s happened because the government tried to insure the deposits, but the funds to do this were not adequate.
(b) The Savings and Loan or S&L crisis of the 1980s happened because the government tried to insure the deposits but the president vetoed the legislation that was necessary to carry out the plan.
(c) The Savings and Loan or S&L crisis of the 1980s happened because the government tried to insure the deposits, but the funds were not made available by Congress.
(d) The Savings and Loan or S&L crisis of the 1980s happened because the government tried to insure the deposits, but the funds were tied up in bank bailouts.

2. What redistribution of wealth occurred as a result of the establishment of the IMF and the World Bank?
(a) It was an effective means of redistributing wealth from the middle class to the rich.
(b) It was an effective means of redistributing wealth to the rich nations.
(c) It was an effective means of redistributing wealth to the rich to the middle class.
(d) It was an effective means of redistributing wealth from rich to poor nations.

3. Some tactics include cherry-picking examples while oversimplifying causes.
(a) One tactic is to accuse others of lying about the facts.
(b) One tactic is providing great detail about their causes.
(c) One tactic is having others provide testimonials on their behalf.
(d) One tactic is cherry-picking examples while oversimplifying causes.

4. How did the banks make their money?
(a) The banks made money on interest, not principle, payments.
(b) The banks made money on their cash flow.
(c) The banks made money on principle, not on interest payments.
(d) The banks made money on both interest ad principle payments.

5. What was the relationship between the World Bank and the IMF?
(a) The IMF and World Bank were associated with but not tied directly to the United Nations.
(b) The IMF and World Bank were closely associated with the United Nations.
(c) The IMF and World Bank were controlled by the United Nations.
(d) The IMF and World Bank were a division of the United Nations.

Short Answer Questions

1. What economic group is hit the hardest by an inflation?

2. How open to questioning were the original participants of the 1910 meeting?

3. What was the main cause of the economic meltdown in 2008?

4. What was one of the strongest arguments in favor of bank regulation versus nationalization?

5. What is the true function of the FDIC?

(see the answer key)

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