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This quiz consists of 5 multiple choice and 5 short answer questions through The Anatomy of Compromise.

Multiple Choice Questions

1. What type of businessmen does the author feel are persecuted?
(a) American businessmen.
(b) Foreign businessmen.
(c) Local businessmen.
(d) Small businessmen.

2. The existence of money promotes the division of what?
(a) Specialties.
(b) Economic classes.
(c) Social classes.
(d) Labor.

3. What is the goal of the creation of the Federal Reserve System?
(a) To create a spending account for the military.
(b) To limit the amount of currency in circulation.
(c) To create a national savings account.
(d) To ease temporary reserve shortages.

4. What is one function of money?
(a) A means of accounting.
(b) A means of saving.
(c) A means of wealth.
(d) A means of processing.

5. In a gold-standard system, gold will flow from a low-interest-rate country to where?
(a) An expansionist economic country.
(b) The capital market.
(c) A stable economic country.
(d) A high-interest-rate country.

Short Answer Questions

1. The author believes that, in statism, businessmen are what?

2. What right does the government have that a private organization does not?

3. What is the first antitrust legislation?

4. How does the author refer to a principle?

5. What does the author believe is the basic tool of business?

(see the answer key)

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