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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. What one argument for OASI can be justified for Friedman?
2. What is one method that governments have used to alter the distribution of income?
3. What prefix were New Dealers commonly called?
4. Friedman states that ______ is a generator of inequality.
5. Friedman gives the following examples of the negative effects of government intervention except ______.
Short Essay Questions
1. If people were given cash instead of subsidies like food stamps, how might they would use it to get themselves out of poverty, and how might it be wasted?
2. According to Friedman, do monopolies have any sort of "social responsibility"?
3. Why does Friedman reject "right to work" laws?
4. What recommendations would Friedman give to a president about an economic downturn?
5. What does Friedman assert that capitalism has done for inequalities?
6. What does Friedman believe are the effects of minimum wage laws?
7. Why is Friedman against fair employment laws?
8. What is Friedman's recommendation regarding an income tax?
9. According to Friedman, can a liberal be an egalitarian?
10. Do you think doctors should be required to obtain a license?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
What is the balance wheel theory of intervention? What is Friedman's view on it?
Essay Topic 2
Friedman articulates one solution for government involvement in education: vouchers. Analyze Friedman's voucher proposal to the current day voucher proposal and decide whether this would be a good solution to improve education.
Essay Topic 3
Friedman articulates that economic freedom is necessary for political freedom. Analyze the factors necessary for economic freedom to occur and explain where government intervention is appropriate.
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This section contains 698 words (approx. 3 pages at 300 words per page) |
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