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| Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3, The Control of Money.
Multiple Choice Questions
1. One role of government argued by the New Deal was to ______.
(a) Eliminate excessive alcohol drinking.
(b) Even out economic cycles.
(c) Regulate military spending.
(d) Provide subsidies for the poor.
2. Friedman believes that government that has the power to do good, also has the power to do ______.
(a) Bad.
(b) Wrong.
(c) Right.
(d) Nothing.
3. In Friedman's mind, why is centralization attractive to many?
(a) Better pool of resources.
(b) Streamlined services.
(c) Consolidation of power.
(d) Government can promote the public interest.
4. Friedman asserts that current liberalism is tied to the state management of ______.
(a) Social welfare.
(b) The electoral vote.
(c) The educational system.
(d) The economy.
5. Friedman defines a country as a collection of ______.
(a) Individuals.
(b) Leaders.
(c) Citizens.
(d) Ideals.
Short Answer Questions
1. Friedman hypothesizes that the change from free market societies to economic controlled ones led classical liberals to worry that it would ______ political freedom.
2. In Friedman's opinion, what should individuals be allowed to do?
3. In Friedman's opinion, what will check government power?
4. What does Friedman believe is an appropriate rate of increase for the Federal Reserve?
5. What does Friedman say can government not duplicate?
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This section contains 233 words (approx. 1 page at 300 words per page) |
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