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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 11, Social Welfare Measures.

Multiple Choice Questions

1. What two professions does Friedman compare to support his claim on the harm it does when people are unable to find mutually acceptable contracts?
(a) Baseball player and basketball player.
(b) Teacher and professor.
(c) Blues singer and opera singer.
(d) Doctor and priest.

2. Who does Friedman believe maintains the system of licensure?
(a) Local unions.
(b) Licensed members of each field.
(c) Licensure review board.
(d) Federal government.

3. Which group does Friedman believe to be contradictory in their views on free speech and fair employment laws?
(a) FCC.
(b) ACLU.
(c) ACSA.
(d) NAACP.

4. What is one example of a negative externality?
(a) Private education.
(b) Pollution.
(c) Lack of voting.
(d) Welfare.

5. Where does Friedman live?
(a) Philadelphia.
(b) New York.
(c) San Francisco.
(d) Chicago.

Short Answer Questions

1. In Friedman's opinion, what will check government power?

2. In Friedman's opinion, what should individuals be allowed to do?

3. Which term refers to the government stimulating spending?

4. Past and current definitions of liberalism are the same with respect to ______.

5. For Friedman, what is an all-embracing ethic?

(see the answer key)

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