Early 20th Century Inventors
Grammar & Punctuation
Things that Never Happened
Classic Literature
Federal Reserve/ Money & Banking
100
Nicknamed the "Wizard of Menlo Park", he was responsible for over 1,000 inventions. Often quoted as saying "Genius is one percent inspiration and ninety-nine percent perspiration."
Thomas Edison
100
This punctuation mark is used in dialogue to show that someone’s exact words are being repeated, as in: She said, “We leave at dawn.”
What are quotation marks?
100
Mary Shelley kept the heart of her dead husband in her desk.
Happened
100
In his book "Emile: Or, On Education" the first sentence reads:
"Everything is good as it leaves the hands of the Author of things; everything degenerates in the hands of man".
Jean-Jacques Rousseau
100
The Federal Reserve is
A: Private company or
B: Owned by the government
Private company
200
In 1905 he published the Theory of Relativity and made the famous equation E = mc2.
Albert Einstein
200
This punctuation mark is used to show possession or contractions.
What is an apostrophe?
200
"Jeremiah, Go-Tree", "Josiah Go-Tree!", etc
Never happened
200
This book is chronologically the first in the Narnia series
The Magicians Nephew
200
The federal reserve defines M1 and M2 as the different measures of money supply. Which measurement of money supply includes certificates of deposit?
M2. M1 includes more liquid forms of money while M2 includes everything in M1 plus time deposits, certificates of deposits, and money market funds.
400
Inventor of the Telephone
Alexander Graham Bell
400
This punctuation mark is used to connect closely related independent clauses without a conjunction.
What is a semicolon?
400
One of the brothers lost his hoodie at Camp of the Woods
Happened
400
John Milton’s Paradise Lost was written during which century?
1400's
1500's
1600's
1700's
1800's
1600s
400
When people speak of the federal reserve changing the interest rate, what interest rate are they talking about?
The Federal Funds Rate, or the interest rate that the federal reserve charges for other banks to be able to borrow from them. All banks must bank with the Federal reserve.
600
While he did not invent the assembly line, he championed it and used it to revolutionize manufacturing processes in the United States. By 1914, his Highland Park, Michigan, plant used innovative production techniques to turn out a complete chassis every 93 minutes.
Henry Ford
600
This punctuation mark would correctly replace the comma in the sentence, “He had one goal, win the championship.”
What is a colon?
600
Yellow kayak fell off the Odyssey during road trip.
Never happened
600
In the second chapter of "The Adventures of Tom Sawyer", what is Tom doing at the start of the chapter?
Beating up his friends
Whitewashing a fence
Getting a beating from Aunt Polly
Talking with Huck
Whitewashing a fence
600
When the Fed cuts interest rates, is that contractionary or expansionary fiscal policy?
Expansionary. When the central bank reduces interest rates, it makes credit more available. As a result, business investment and other types of spending increase, causing GDP and employment to grow.
800
Inventor of the Telegraph
Samuel Morse
800
In Frankenstein, sentences like “Learn from me, if not by my precepts, at least by my example” include this type of clause beginning with “if.”
What is a dependent clause?
800
A member of this family purchased a firearm
happened
800
Which English novelist became famous for his vision, presented in Brave New World, of a futuristic society that is an immutable caste system?
Aldous Huxley
800
True or false: the Fed chairman (currently Jerome Powell) makes the final decisions for the fed about whether to hike or cut the interest rates
False, he has only 1 vote among 6 other members
1000
On December 17, 1903, they took their 'Flyer' for a 12-second, sustained flight This was the first successful powered and piloted flight in history. (Both names)
Wilbur and Orville Wright
1000
In 1984, the slogan “War is peace. Freedom is slavery. Ignorance is strength.” demonstrates this rhetorical and grammatical device through repeated sentence structure.
What is parallelism?
1000
Peters family went on a hike in Arizona
happened
1000
2 – Put the three cantos of The Divine Comedy in the correct order.
a) Paradiso, Purgatorio, Inferno
b) Inferno, Limbo, Paradiso
c) Purgatorio, Inferno, Limbo
d) Inferno, Purgatorio, Paradiso
d) Inferno, Purgatorio, Paradiso
1000
A bank run is when everyone races to withdraw their money from a bank at once. Because a bank loans out most of the money it receives, and because it keeps only limited reserves on hand, a bank run could quickly drain any of a bank's cash and cause the clients to lose their money.
To stop bank runs from happening, Congress started this four letter organization which insures a person's money up to 250,000 dollars, reassuring them that they don't have to race to withdraw money because they won't lose it anyway.
Federal Deposit Insurance Corporation (FDIC)
1200
in 1928, this compound was first observed to exude antibiotic substances by Nobel laureate Alexander Fleming.
Penicillin
1200
This sentence is an example of this type of structure: “The coach yelled, the runners took off, and the crowd went wild.”
What is a compound sentence?
1200
An apple fell on Newton's head
never happened
1200
George Orwell's "Animal Farm" is a satire of what historical event or time period?
World War I
Stalin's Soviet Union
World War II
The Great Depression
Stalin's Soviet Union
1200
Federal Reserve ensures that enough currency and coins are circulating through the financial system to meet public demands. For example, each year the Fed increases the amount of currency available in banks around the Christmas shopping season and reduces it again in January.
When the textbook talks about ensuring enough currency in circulation, how does the Federal reserve do that?
By buying Treasury Bonds from the Banks, crediting their accounts digitally with more money that doesn't actually exist but gets typed into existence.