Quiz: Chapter 9, Occupational Licensure to Chapter 10, The Distribution of Income
|Name: _____________________________||Period: ___________________________|
This quiz consists of 5 multiple choice and 5 short answer questions.
Multiple Choice Questions
Directions: Circle the correct answer.
1. What is one factor that Friedman believes has reduced inequality?
a) Government intervention.
b) Educational opportunities.
c) Advances in technology.
d) Civil Rights laws.
2. What is one method that governments have used to alter the distribution of income?
a) Real estate law.
b) Social welfare.
c) Income taxation.
d) Selling bonds.
3. For Friedman, what is one major problem in interpreting the evidence on the distribution of income?
a) Lack of data.
b) Defining poverty levels.
c) Temporary vs. long run income status.
d) Reliable empirical evidence.
4. Who does Friedman believe maintains the system of licensure?
a) Licensed members of each field.
b) Local unions.
This section contains 311 words|
(approx. 2 pages at 300 words per page)