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This quiz consists of 5 multiple choice and 5 short answer questions through The Assault on Integrity.

Multiple Choice Questions

1. When there are _____ ______, firms with good reputations are treated exactly like firms with bad reputations.
(a) Customer services.
(b) Market incentives.
(c) Government regulations.
(d) Quality control.

2. What, according to the author, does the gold standard facilitate?
(a) Growth and sales.
(b) Production and sales.
(c) Trade and production.
(d) Trade and growth.

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

4. The bloodiest conflicts in history have been _______ _______.
(a) World wars.
(b) Area wars.
(c) Local wars.
(d) Civil wars.

5. What subject does Stewart Holbrook write about?
(a) Railroad monopolies.
(b) Government assistance to the railroads.
(c) Corruption in the railroads.
(d) Failure of the railroads.

Short Answer Questions

1. Competition, according to the author, is regulated by what market?

2. Who does the author say would earn more money than Einstein?

3. How, according to the author, does the concept of private property come into existence?

4. Which British civil servant says the U.S. antitrust laws cannot be understood?

5. To function as a medium of exchange, an item must be durable and what?

(see the answer key)

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