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This quiz consists of 5 multiple choice and 5 short answer questions through Antitrust.

Multiple Choice Questions

1. Instead of reading the antitrust laws to decide if something is legal, people must read what?
(a) Case law.
(b) Supreme Court decisions.
(c) History.
(d) Delaware corporations code.

2. How, according to the author, does the concept of private property come into existence?
(a) With capitalism.
(b) During feudalism.
(c) From Karl Marx.
(d) Through the Cultural Revolution.

3. What does the author blame for crises and depressions in capitalism?
(a) Bad choices.
(b) Allocation of resources.
(c) Government interference.
(d) Cyclical economies.

4. What is the result of railroad subsidies by the government?
(a) Well-done construction.
(b) Substandard construction.
(c) Rapid construction.
(d) Massive construction.

5. What does the author believe is the basic tool of business?
(a) Values.
(b) Land.
(c) Labor.
(d) Wages.

Short Answer Questions

1. The power of the railroads, according to the author, comes from where?

2. Who is the author of this book?

3. What does political economy study?

4. What is one of the keystones of capitalism?

5. Who are against war and the threat of nuclear weapons, according to the author?

(see the answer key)

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