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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. The union does all but the following for its members:
(a) negotiates wages
(b) pays for their on-the-job meals
(c) negotiates terms of employment
(d) represents them in a grievance hearing

2. Horace Mann is known as all but the following:
(a) Secretary of State
(b) crusader for free schools
(c) the father of American public education
(d) secretary of the Massachusetts State Board of Education

3. During a hyperinflation:
(a) wages increase faster than prices
(b) prices may double during a day
(c) none of the above
(d) prices fail quickly

4. In Western nations, when a government doesn't achieve its economic goals:
(a) there is usually a change of regimes
(b) nothing happens
(c) they keep trying
(d) the situation continues

5. Parents who send their children to private schools:
(a) none of the above
(b) pay a lower amount of taxes for public schools
(c) still pay taxes for public schools
(d) pay not taxes for public schools

6. According to Friedman, the way to cure inflation is to:
(a) reduce the rate of monetary growth
(b) force consumers to increase their savings
(c) promote spending policies
(d) limit the amount of goods and services available for sale

7. What problems have there been with unions?
(a) fraud
(b) not enough members
(c) salaries lag the non-union sector
(d) misuse and misappropriation of funds

8. Steps to limit the growth of government and spending have included all but:
(a) proposed constitutional amendment to limit spending
(b) a call for a convention to formulate a balanced budget amendment
(c) nothing
(d) the formation of organizations to support limited spending

9. What did Pat Brennan and her husband do in Rochester, New York?
(a) they became lobbyists
(b) they challenged a postal increase
(c) they supported measures to limit the growth of business
(d) they established a business that competed with the United States Post Office

10. Washington D.C.:
(a) is a magnet for special interest groups
(b) prohibits lobbyists
(c) limits the number of lawyers
(d) limits the number of special interests groups

11. The school voucher program would give the parents:
(a) a voucher to be used at any school
(b) a tax bill
(c) cash
(d) a tax break

12. In terms of goods, the price of money:
(a) not possible to determine
(b) equal to the price of the good
(c) is the reciprocal of the price of goods in terms of money
(d) is one third the price of goods

13. The first schools were:
(a) public with voluntary attendance
(b) `public with mandatory attendance
(c) private with mandatory attendance
(d) private with voluntary attendance

14. Government spending can be financed by all but:
(a) increasing the money supply
(b) decreasing the money supply
(c) taxes
(d) borrowing

15. Most of the funding for public education is provided by the:
(a) federal government
(b) county
(c) state
(d) city

Short Answer Questions

1. In Great Britain:

2. What does Friedman call one of the most successful labor unions in history?

3. Government policies are affected by:

4. Which of the following is not a way of rationing high paying jobs:

5. What does Friedman believe would be an effective way of reversing the trend toward bigger government?

(see the answer keys)

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