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This quiz consists of 5 multiple choice and 5 short answer questions through End of Book 3 & Book 4, Chapter 1.

Multiple Choice Questions

1. According to the text, what does this saying describe: "Give me that which I want, and you shall have this which you want"?
(a) A mutual offer.
(b) A fair trade.
(c) A business propostion.
(d) A bargain.

2. What does the text say about the difference of the natural talents in men?
(a) That all men have unique talents unto themselves.
(b) That talent is natural and cannot be cultivated or improved.
(c) That they are not really that different.
(d) That they are so different as so never to be changeable.

3. How many general types of circulating capital are there?
(a) Five.
(b) Three.
(c) Four.
(d) Two.

4. What opens an even more extensive market to every sort of industry?
(a) Faster horses.
(b) Water-carriage.
(c) Improved inland transporation.
(d) Land-carriage.

5. What bill was published by Alexander III in the 12th century?
(a) The justification of slavery.
(b) The forbidding of bringing more slaves into the country.
(c) The general emancipation of slaves.
(d) The directive to bring more slaves into the country.

Short Answer Questions

1. What is the intention of the fixed capital?

2. What was prohibited from exportation in France until 1764?

3. Why isn't the wool of southern Scotland manufactured there?

4. What does the lender consider stock lent at an interest?

5. What is the real price of a thing a person wants?

(see the answer key)

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