Free to Choose: A Personal Statement Test | Final Test - Easy

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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Which of the following laws is not specifically aimed at protection of workers?
(a) workmen's compensation
(b) length of workweek
(c) Medicaid
(d) minimum wage legislation

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

3. Barter:
(a) is the exchange ratio of money
(b) is the exchange of money for goods and services
(c) establishes the value of money
(d) is the exchange of one good or service for another good or service

4. Most of the funding for public education is provided by the:
(a) federal government
(b) county
(c) city
(d) state

5. In the 1920s, what publications were the leading intellectual journals of opinion?
(a) Newsweek
(b) Life Magazine
(c) the New Republic and the Nation
(d) the New York Times

6. The reason given for regulation of industry is to:
(a) force higher prices
(b) stabilize the industry
(c) protect the industry from the effects of competition
(d) protect the consumer

7. What is not one of the real forces that determine the wealth of a nation?
(a) productivity
(b) geographic area
(c) resources
(d) mode of political and economic organization

8. Inflation results when:
(a) the money supply increases less rapidly than the level of output
(b) the money supply and the output level increase at the same rate
(c) the money supply increases more rapidly than the level of output
(d) there is no relation between output level and money supply

9. The regulation of employment practices and safety standards in the workplace is performed by:
(a) Office of Safety and Health Administration
(b) EPA
(c) Department of Labor
(d) FEMA

10. Wages increasing faster than productivity is:
(a) a result of inflation
(b) none of the above
(c) the result of poor equipment
(d) a cause of inflation

11. The first schools were:
(a) public with voluntary attendance
(b) private with mandatory attendance
(c) `public with mandatory attendance
(d) private with voluntary attendance

12. Horace Mann is known as all but the following:
(a) secretary of the Massachusetts State Board of Education
(b) the father of American public education
(c) Secretary of State
(d) crusader for free schools

13. What did Pat Brennan and her husband do in Rochester, New York?
(a) they supported measures to limit the growth of business
(b) they challenged a postal increase
(c) they became lobbyists
(d) they established a business that competed with the United States Post Office

14. The union does all but the following for its members:
(a) negotiates wages
(b) pays for their on-the-job meals
(c) negotiates terms of employment
(d) represents them in a grievance hearing

15. Most Western nations have experienced:
(a) no change in the size of national government
(b) laws limited the growth of government
(c) growth of national government
(d) decrease in the growth of government

Short Answer Questions

1. What items have not functioned as money over time:

2. According to Friedman, the way to cure inflation is to:

3. One of the big complaints of parents is that they:

4. In Friedman's view, special interests:

5. The Environmental Protection Agency was formed in:

(see the answer keys)

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