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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 10, The Distribution of Income.

Multiple Choice Questions

1. Which type of education does Friedman not advocate the government paying for?
(a) Vocational.
(b) Industrial.
(c) Liberal.
(d) Minimal.

2. What term refers to the argument for education that parents will not do best for their children?
(a) Paternalistic.
(b) Sacrificial.
(c) Employment.
(d) Maternalistic.

3. Friedman asserts that the Federal Reserve created the major contractions of the following years except______.
(a) 1937-38.
(b) 1920-21.
(c) 1926-27.
(d) 1929-33.

4. One solution Friedman proposes is to give parents ______ for schooling.
(a) Tokens.
(b) Vouchers.
(c) Credits.
(d) Coupons.

5. Friedman believes that vocational and professional schools should be totally ______ run.
(a) Privately.
(b) Governmentally.
(c) Cooperatively.
(d) Publicly.

Short Answer Questions

1. What is one method that governments have used to alter the distribution of income?

2. What does Friedman claim that governments abuse?

3. What is one factor that Friedman believes has reduced inequality?

4. According to Friedman, what cannot exist without a literate and informed population?

5. Which of the following does Friedman dispute?

(see the answer key)

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