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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. Governments intervene in foreign currency markets:
(a) by buying and selling domenstic and foreign currency
(b) by increasing exports
(c) by refusing to release currency to the market
(d) by increasing imports

2. Which of the following is not a New Deal program?
(a) social security
(b) unemployment insurance
(c) public assistance
(d) Great Society

3. The national security argument for protection states that:
(a) industries vital to national defense should be given protection
(b) protection is not in the best national interest
(c) protection promotes national welfare
(d) all industries should be protected

4. International trade theory is based on:
(a) the principle of absolute advantage
(b) geography
(c) inflows and outflows
(d) the principle of comparative advantage

5. Government expands through all but:
(a) nationalization
(b) private enterprise
(c) welfare programs
(d) regulatory activities

Short Answer Questions

1. A coordinated restriction of payments by banks is used:

2. Parents who send their children to private schools:

3. The school voucher program would give the parents:

4. In the inner city schools, much of the money goes for all but the following:

5. After World War II there was a lot of interest in:

(see the answer key)

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