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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. What example does Friedman give for one argument for registration?
(a) Tobacco registration.
(b) Sex offender registration.
(c) Alcohol registration.
(d) Firearm registration.

2. What is the major disadvantage Friedman describes of the proposed negative income tax?
(a) Implementation implications.
(b) Determining the level of tax.
(c) Determining the level of benefit.
(d) Political implications.

3. According to Friedman, what is one unknown negative effect of farm subsidies?
(a) Increase in production of cotton.
(b) A hindrance to the pursuit of foreign policy.
(c) A removal of three senate seats.
(d) An emphasis on educational testing.

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

5. Friedman gives examples of successful government intervention except ______.
(a) School system.
(b) Magnificent dams.
(c) The income tax.
(d) Sherman antitrust laws.

6. What problem did Dicey write about in 1914?
(a) Prenatal and infant care.
(b) Education for all.
(c) Old age pensions.
(d) Veteran's health benefits.

7. Friedman theorizes compulsory purchase of annuities has imposed ______ costs for ______ gains.
(a) Social, political.
(b) Minimal, moderate.
(c) Little, large.
(d) Large, little.

8. What one argument for OASI can be justified for Friedman?
(a) It helps high-income people more than low-income people.
(b) It helps low-income people more than high-income people.
(c) It serves as a magnification of society's social issues.
(d) It puts youth and the elderly on the same playing field.

9. Friedman hypothesizes that there has been a change in discrimination along with the rise of capitalism because ______.
(a) There has been an increase in the population of skilled workers.
(b) Religion has argued equality on moral grounds.
(c) Greed has overtaken all ethical values.
(d) Contract arrangements replaced status as a source of wealth.

10. What effect has Friedman observed that public housing has had on juvenile delinquency?
(a) Maintained it.
(b) Spread it out.
(c) Reduced it.
(d) Increased it.

11. One recourse recommended by Friedman for poverty is ______.
(a) More education for the poor.
(b) Minimum wages.
(c) Government assistance.
(d) Private charity.

12. Another threat for Friedman to the preservation and expansion of freedom is:
(a) An internal threat of unfair political practices.
(b) An internal threat of licensure requirements.
(c) An internal threat of labor unions.
(d) An internal threat of government regulation.

13. What does Friedman advocate the abolition of in Chapter 10, The Distribution of Income?
(a) Trade unions.
(b) Corporate income tax.
(c) Flat-rate income tax.
(d) Welfare.

14. Who does Friedman believe is most critical of capitalism?
(a) Marxists.
(b) Socialists.
(c) Democrats.
(d) Communists.

15. One argument Friedman theorizes for Social Security is ______.
(a) The economics of incentives argument.
(b) The neighborhood effect.
(c) The lost boys result.
(d) Paternalism.

Short Answer Questions

1. Friedman believes that the goddess of chance is ______.

2. If forced to choose between segregation or integration, which would Friedman choose?

3. To what previous restrictions on labor does Friedman compare licenses?

4. How many problems with monopolies does Friedman describe?

5. For Friedman, what is the main argument for licensure?

(see the answer keys)

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