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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8, Who Protects the Worker?.

Multiple Choice Questions

1. Which New Deal programs were declared unconstitutional?
(a) NRA and AAA
(b) Social Security
(c) WPA and NRA
(d) AAA and WPA

2. The distribution of income is determined by all but the following:
(a) reputation
(b) the productive resource supplied
(c) the price that resource receives in the market
(d) the quality of the resource

3. Adam Smith says that voluntary exchange will not take place unless:
(a) one party can profits
(b) the government can tax the transaction
(c) both parties benefit from it
(d) it is commanded

4. Free markets lead to:
(a) bankruptcy
(b) less individual freedom
(c) greater individual freedom
(d) economic tyrrany

5. Which of the following is not a public assistance program?
(a) Medicaid
(b) Earned Income Credit
(c) food stamps
(d) Aid to Families with Dependent Children

Short Answer Questions

1. The Food and Drug Administration performs all of the following functions but:

2. The national security argument for protection states that:

3. Originally, in the early days of the country, equality meant:

4. All but the following are functions of the CPSC:

5. Policies based on fair shares or 'to each according to his needs' have resulted in severe lack of liberties in all but the following:

(see the answer key)

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