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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 10, The Tide is Turning.

Multiple Choice Questions

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

2. An unfavorable balance of payments situation meant:
(a) nothing
(b) a deficit
(c) a surplus
(d) equality of inflows and outflows

3. The purpose of the EPA is to:
(a) protect and enhance the environment
(b) regulate landscaping
(c) promote nicer looking neighborhoods
(d) promote safer working environments

4. The purpose of the Consumer Products Safety Commission is to:
(a) protect the consumer from unsafe products
(b) assist manufacturers in the promotion of products
(c) to help advertise products
(d) to help introduce new products

5. In Friedman's view, special interests:
(a) are vital to the welfare of the economy
(b) promote the general interest
(c) prevail at the expense of the general interest
(d) should be eliminated

Short Answer Questions

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

2. The term human capital refers to the:

3. The first schools were:

4. All but the following have resulted from centralization in schooling:

5. Government expands through all but:

(see the answer key)

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