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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

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

2. Friedman advocates ______ income of the poor.
(a) Taxing.
(b) Reducing.
(c) Supplanting.
(d) Supplementing.

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

4. Labor unions are referred to as ______.
(a) Produced monopoly.
(b) Monopoly in government.
(c) Monopoly in industry.
(d) Monopoly in labor.

5. According to Friedman, Social security measures were enacted to make receipt of assistance a matter of ______.
(a) Paperwork.
(b) Authority.
(c) Right.
(d) Principle.

Short Answer Questions

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

2. Which of the following is not an example of social welfare?

3. Where does Friedman live?

4. What does OASI stand for?

5. Three levels of control are licensing, registration, and ______.

Short Essay Questions

1. What is the problem for Friedman with fair employment commission legislation?

2. Where do you stand: are you on the liberal free market side or more on the government intervention side? Why?

3. Who are the biggest advocates of occupational licensure that Friedman describes?

4. What is occupational licensure?

5. Do you think people should be forced to participate in social security?

6. What does Friedman say about public housing as a form of social welfare?

7. What are the three forms of control discussed by Friedman in Chapter 9, Occupational Licensure?

8. What are the three primary forms of monopoly?

9. According to Friedman, can a liberal be an egalitarian?

10. In Chapter 13, Friedman summarizes his examples. Which do you agree with?

(see the answer keys)

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