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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6, What's Wrong with Our Schools?.

Multiple Choice Questions

1. A deposit represents:
(a) a claim against the bank
(b) money stuffed in a mattress
(c) a liability of the individual
(d) a loan to the individual

2. An egalitarian supports:
(a) equality of outcomes
(b) total freedom for all
(c) programs resulting in greater liberty
(d) get rich quick schemes

3. Kenneth B. Clark describes public school system as:
(a) superior to private schools
(b) protected public monopolies
(c) on the same level as private schools
(d) inferior to private schools

4. An exchange rate is the:
(a) interest rate in the foreign country
(b) the way trade barriers are established
(c) price of one currency in terms of another currency
(d) bill of lading

5. The country whose post-World War II domestic policy was aimed at promoting equality of outcomes is:
(a) China
(b) Japan
(c) Germany
(d) Great Britain

Short Answer Questions

1. A tariff implemented to raise employment in the domestic nation:

2. Which of the following is not a New Deal program?

3. The Federal Deposit Insurance Corporation:

4. Children from wealthy backgrounds have better chances in education and employment. This it not representative of:

5. A school voucher program would:

(see the answer key)

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