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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. Which term describes the purpose of federal spending?
(a) None of the answers is correct.
(b) "Balance wheel."
(c) "Seesaw."
(d) "Balance beam."

2. Friedman believes that the goddess of chance is ______.
(a) Deaf.
(b) Skilled.
(c) Blind.
(d) Dead.

3. Friedman advocates that government should not be a master, but a/an ______.
(a) Philosophy.
(b) Mechanism.
(c) Slave.
(d) Instrument.

4. If forced to choose between segregation or integration, which would Friedman choose?
(a) Segregation.
(b) A combination.
(c) Neither.
(d) Integration.

5. In Friedman's analysis, what century is the historical exception to most men living in tyranny, servitude, and misery?
(a) 17th.
(b) 19th.
(c) 20th.
(d) 18th.

Short Answer Questions

1. Friedman states that government should be ______.

2. Friedman suggests that employees may prefer to have part of their remuneration take the form of amenities such as what?

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

4. What does Friedman advocate the abolition of in Chapter 10, The Distribution of Income?

5. Which of the following does Friedman dispute?

(see the answer key)

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