View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7, Who Protects the Consumer?.

Multiple Choice Questions

1. The Department of Energy was formed in response to the:
(a) to produce oil
(b) series of energy crises in the 1970s
(c) the need for oil
(d) formation of OPEC

2. Equality before the law refers to all but:
(a) innate abilities
(b) race
(c) nationality
(d) religion

3. Interested sophistry refers to:
(a) the knowledge of consumers
(b) buy cheap and selling high
(c) a new production technique
(d) a new marketing tool

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

5. Which of the following is not a function of the price system:
(a) transmitting information
(b) distribution of income
(c) government established prices
(d) efficient use of resources

Short Answer Questions

1. A school voucher program would:

2. Who would benefit the most from an increased quality of schooling from a school voucher program?

3. Restrictions of payments refers to:

4. Horace Mann is known as all but the following:

5. The only kind of capital:

(see the answer key)

This section contains 251 words (approx. 1 page at 300 words per page) View a FREE sample