Free to Choose: A Personal Statement Quiz | Two Week Quiz A

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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6, What's Wrong with Our Schools?.

Multiple Choice Questions

1. What kind of international trade is best?
(a) partically free trade
(b) trade with restrictions
(c) no trade
(d) free trade

2. What program would allow greater choices for parents?
(a) making all education private
(b) sending children to private schools
(c) the school voucher program
(d) being able to select any school

3. Objections to the school voucher plan include all but the following:
(a) there might be a constitutional church-state issue
(b) it would decrease the quality of education
(c) there is the possibility of fraud
(d) there would be an increase in total costs of education

4. The equality of outcomes approach is based on:
(a) rewarding those who work hard
(b) contribution to output
(c) incentive
(d) fair shares for everyone

5. Governments intervene in foreign currency markets:
(a) by increasing imports
(b) by buying and selling domenstic and foreign currency
(c) by increasing exports
(d) by refusing to release currency to the market

Short Answer Questions

1. Government measures to promote fair shares for all:

2. Which of the following is not a problem experienced by the British National Health Service?

3. Regarding the depression, Roosevelt's adviser's believed in:

4. Equality is discussed in all but the following ways:

5. The Principle of Comparative Advantage states that a nation should specialize in:

(see the answer key)

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