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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. The United States banking system is:
(a) a full reserve system
(b) not dependent on reserves
(c) a no reserve system
(d) a fractional reserve system

2. Equality is discussed in all but the following ways:
(a) before God
(b) outcomes
(c) opportunity
(d) in every way

3. In the inner city schools, much of the money goes for all but the following:
(a) preventing vandalism
(b) maintaining discipline
(c) education
(d) repairing damages from vandalism

4. Who has the greatest amount of choice in the selection of schooling?
(a) the middle income group
(b) all have equal choice
(c) the wealthy
(d) the indigent

5. Government measures to promote fair shares for all:
(a) reduce liberty
(b) create harmony
(c) enhance liberty
(d) have no affefct on liberty

Short Answer Questions

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

2. What action did the Fed take after England abandoned the gold standard?

3. Restrictions of payments refers to:

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

5. Economic freedom refers to all but which of the following:

(see the answer key)

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