CONSTITUTION QUIZ
1. Who alone is authorized to make the laws of the land? 1) The president 2) Federal Agencies 3) Supreme Court 4) Congress 5) None of the above
2. Who alone is authorized to declare war, provide for the common defense, and raise and support armies? 1) House of Representatives 2) Congress 3) The President 4) Federal Reserve 5) None of the above
3. Where must all revenue bills originate? 1) The House 2) The President 3) The Senate 4) None of the above
4. Who is authorized to set America’s energy policy? 1) House 2) Senate 3) The President 4) Department of Energy 5) EPA 6) None of the above
5. Who is authorized to fund and control America’s medical system? 1) House 2) Senate 3) The President 4) Department of Health and Human Services 5) None of the above
6. Who is authorized to use tax money from citizens and give it to other citizens or foreign governments? 1) Congress 2) Federal Reserve 3) The President 4) The IRS 5) None of the above
7. Who is authorized to dictate rules and regulations for businesses? 1) House 2) Senate 3) The President 4) Ways and Means Committee 5) None of the above
8. Who is authorized to coin money? 1) Congress 2) U.S. Treasury 3) Federal Reserve 4) None of the above
(Three Bonus Points for knowing from which document and section grants this power.)
9. Who is authorized to prop up and monetarily support failing businesses? 1) House 2) Senate 3) The President 4) U.S. Treasure 5) Federal Reserve 6) none of the above
10. Who is authorized to issue paper money? 1) Federal Reserve 2) Treasury Dept. 3) State Department 4) Congress 5) none of the above
11. What is the classic definition of inflation? 1) Higher prices 2) Increase in the money supply 3) Excessive spending by consumers 4) devaluation of the dollar 5) none of the above
12. What is the single biggest cause of inflation? 1) consumer greed 2) corporate greed 3) government issuance of paper money 4) Out-of-control capitalism 5) none of the above
13. When was Income Tax instituted? 1) 1898 2) 1919 3) 1913 4) 1929 5) none of the above
14. What is the value of the dollar today compared to the dollar when the Federal Reserve was instituted in 1913? 1) 15 cents 2) 5 cents 3) 1 cent 4) 50 cents 5) none of the above
For the answers to this quiz, a video, and an article, click (here)
