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. The minimum wage causes:
(a) social unrest
(b) unemployment
(c) higher employment levels
(d) no effect on employment levels

2. A school voucher program would:
(a) increase the costs of education
(b) lower taxes
(c) raise taxes
(d) have no effect on taxes paid

3. Who would benefit the most from an increased quality of schooling from a school voucher program?
(a) lower income classes
(b) all income classes would benefit equally
(c) the middle income classes
(d) the upper income classes

4. What items have not functioned as money over time:
(a) Cowrie shells
(b) metals
(c) dirt
(d) beads

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

6. Friedman favors:
(a) more government controls
(b) bigger government
(c) expanding the scope of government
(d) limiting the growth of government

7. Attendance at school became mandatory in all states in:
(a) 1900
(b) 1875
(c) 1918
(d) 1923

8. At the time the book was written, how many workers belonged to unions?
(a) one in five
(b) one in three
(c) one in two
(d) one in four

9. Friedman's view is that everyone who wants a higher education:
(a) should find a sponsor
(b) should be financed
(c) should have the higher education if he/she is willing to pay for it
(d) should receive government funding

10. The ideas of human freedom and economic freedom are best exemplified in:
(a) the United States
(b) Germany
(c) India
(d) England

11. In the inner city schools, much of the money goes for all but the following:
(a) maintaining discipline
(b) repairing damages from vandalism
(c) preventing vandalism
(d) education

12. Which of the following is not a method of unions securing higher wages?
(a) the free market
(b) restricting jobs
(c) enforcing a higher wage
(d) collusion with the employer

13. Private education prevailed until the:
(a) 1930s
(b) 1920s
(c) 1950s
(d) 1940s

14. One of the big complaints of parents is that they:
(a) the school day is too short
(b) spend too much time in parent-teacher conferences
(c) have little control or choice regarding their children's education
(d) parents are asked to do too much with the school given their busy schedules

15. Most of the ICC staff came from the:
(a) legislature
(b) railroad industry
(c) stock market
(d) were laymen

Short Answer Questions

1. What do higher union wages cause?

2. Steps to limit the growth of government and spending have included all but:

3. As a result of inflation:

4. According to Friedman what was not a reason for accelerated U.S. monetary growth over a fifteen-year period?

5. What does Friedman call one of the most successful labor unions in history?

(see the answer keys)

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