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. What disagreement did Alexander Hamilton and Thomas Jefferson have about a central bank?
(a) Alexander Hamilton favored a powerful central bank and Thomas Jefferson was for limited powers.
(b) Alexander Hamilton favored a central bank and Thomas Jefferson was against it.
(c) Thomas Jefferson favored a central bank and Alexander Hamilton was against it.
(d) Alexander Hamilton wanted a limited central bank and Thomas Jefferson wanted its authority to be more far-reaching.

2. What is the Fabian plan?
(a) The Fabian plan had to do with making the world one big socialized government.
(b) The Fabian plan had to do with making the world one big democracy.
(c) The Fabian plan had to do with making the world a world without political .
(d) The Fabian plan involved making the entire world a capitalistic society.

3. What caused the economy to get into such a state that the government was compelled to bail out banks?
(a) The International Monetary Fund had become dangerously unstable.
(b) The argument could be made that lax lending practices and overly speculative investments had forced the government to use tax dollars in the bailouts.
(c) The American people were taking out too many home loans.
(d) The US Congress failed to pass legislation that would have boosted the economy.

4. During which president's administration were policies that were a hybrid of socialism and capitalism developed?
(a) The American public's interest in socialism brought about policies that were a hybrid of socialism and capitalism during the Eisenhower administration.
(b) The American public's interest in socialism brought about policies that were a hybrid of socialism and capitalism during the Nixon administration.
(c) The American public's interest in socialism brought about policies that were a hybrid of socialism and capitalism during Franklin D. Roosevelt's administration.
(d) The American public's interest in socialism brought about policies that were a hybrid of socialism and capitalism during the Truman administration.

5. What is the author's main complaint?
(a) Central to the author's thesis was that a few scheming people were constantly and consistently strapping the IMF with the costs of the bad loans.
(b) Central to the author's thesis was that a few scheming people were constantly and consistently strapping the taxpayer with the costs of the bad loans.
(c) Central to the author's thesis was that a few scheming people were constantly and consistently strapping the Federal Reserve with the costs of the bad loans.
(d) Central to the author's thesis was that a few scheming people were constantly and consistently strapping the government with the costs of the bad loans.