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

Multiple Choice Questions

1. In a free market, economic power is determined by what?
(a) Price and wages.
(b) Surplus.
(c) Inflation.
(d) Supply and demand.

2. Antitrust laws are written in the popular belief that if businesses were left free, what would result?
(a) Arbitrary power.
(b) Diminshed power.
(c) Absolute power.
(d) Excessive power.

3. What chapter does Nathaniel Branden write?
(a) "Common Truths About Capitalism."
(b) "Antitrust."
(c) "Common Fallacies About Capitalism."
(d) "Monopolies and Trade."

4. What do the courts protect?
(a) Businesses.
(b) Property.
(c) Labor unions.
(d) Criminals.

5. According to the author, what is the cause of the Great Depression?
(a) Capitalism.
(b) Isolationist policies.
(c) Communism.
(d) Government intervention.

Short Answer Questions

1. What is one function of money?

2. What right does the author believe is basic to the concept of freedom?

3. What does the author believe brought the world out of feudalism?

4. What does statism survive on, according to the author?

5. Branden says that, according to the statists, depressions are part of what?

(see the answer key)

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