View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through The Anatomy of Compromise.

Multiple Choice Questions

1. Which British civil servant says the U.S. antitrust laws cannot be understood?
(a) A.D. Foster.
(b) A.D. Gershwin.
(c) A.D. Neale.
(d) A.D. Brookings.

2. The Federal Reserve System was created when the government thought that what was happening?
(a) A recession.
(b) A shortage of bank reserves.
(c) A shortage of interest reserves.
(d) A depression.

3. The author believes that, in statism, businessmen are what?
(a) The elite.
(b) The taxpayers.
(c) The scapegoats.
(d) The politicians.

4. The existence of money promotes the division of what?
(a) Economic classes.
(b) Social classes.
(c) Labor.
(d) Specialties.

5. In a gold-standard system, gold will flow from a low-interest-rate country to where?
(a) A stable economic country.
(b) The capital market.
(c) An expansionist economic country.
(d) A high-interest-rate country.

Short Answer Questions

1. What right does the government have that a private organization does not?

2. The existence of money allows people to avoid the problems of ______.

3. The first labor laws aimed at children target those working as what?

4. Which does the author predict will win when the principles are clearly defined by the groups hold opposite views?

5. What does the author believe is the basic tool of business?

(see the answer key)

This section contains 224 words (approx. 1 page at 300 words per page) View a FREE sample