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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8, Who Protects the Worker?.

Multiple Choice Questions

1. Which kind of worker has no protection?
(a) workers with no possible employer
(b) states employees
(c) federal employees
(d) employees of a conglomerate

2. Policies based on fair shares or 'to each according to his needs' have resulted in severe lack of liberties in all but the following:
(a) Russia
(b) China
(c) United States
(d) Cambodia

3. Union high wages are usually at the expense of:
(a) other workers
(b) all workers
(c) no one
(d) other union members

4. Equality before God means:
(a) the right to do whatever one wants
(b) the right to an equal income
(c) total freedom
(d) personal equality

5. What action did the Fed take after England abandoned the gold standard?
(a) began hoarding gold
(b) lowered the discount rate
(c) suspended open market operations
(d) raised the discount rate

Short Answer Questions

1. Black Thursday, October 24, 1929, refers to the:

2. The first head of the Federal Reserve System was:

3. When did the concepts of equality before God and the law begin to come closer together?

4. In Great Britain:

5. Restrictions of payments refers to:

(see the answer key)

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