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This quiz consists of 5 multiple choice and 5 short answer questions through Gold and Economic Freedom.
Multiple Choice Questions
1. According to the author, what kind of governments use weapons against their own people?
(a) Republics.
(b) Democracies.
(c) Communists.
(d) Dictatorships.
2. One cost of union negotiated wages, according to the author, is what?
(a) Investment in employment.
(b) Mobility of employment.
(c) Unemployment.
(d) Full employment.
3. A fear of _______ leads to the passage of the first antitrust laws.
(a) Conglomerates.
(b) Oligarchies.
(c) Trusts.
(d) Monopolies.
4. The author states that most wars are started by countries with what?
(a) Restrained trade.
(b) Fair trade.
(c) Restricted economies.
(d) Controlled economies.
5. How many keystones are there to capitalism?
(a) Six .
(b) Four.
(c) Five.
(d) Seven.
Short Answer Questions
1. In a gold-standard system, gold will flow from a low-interest-rate country to where?
2. What is the result of railroad subsidies by the government?
3. According to the author, what is the cause of the Great Depression?
4. Money functions as a __________ in transactions.
5. Who is the author of this book?
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This section contains 178 words (approx. 1 page at 300 words per page) |
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