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

Multiple Choice Questions

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

2. The Food and Drug Administration performs all of the following functions but:
(a) testing new drugs
(b) advertising requirements
(c) writing prescriptions
(d) labeling requirements

3. A school voucher program would:
(a) increase the costs of education
(b) raise taxes
(c) have no effect on taxes paid
(d) lower taxes

4. Most of the ICC staff came from the:
(a) railroad industry
(b) legislature
(c) stock market
(d) were laymen

5. One way of restricting entry to an occupation or profession is through:
(a) licensure
(b) rules
(c) laws
(d) agreement

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

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

8. Attendance at school became mandatory in all states in:
(a) 1900
(b) 1918
(c) 1923
(d) 1875

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

10. The ideas of human freedom and economic freedom are best exemplified in:
(a) Germany
(b) India
(c) England
(d) the United States

11. The regulation of employment practices and safety standards in the workplace is performed by:
(a) EPA
(b) FEMA
(c) Department of Labor
(d) Office of Safety and Health Administration

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

13. In Great Britain, the post World War II trend has been toward:
(a) laissez-faire
(b) Communism
(c) Fabian socialism and New Deal liberalism
(d) liberal capitalism

14. Which of the following is not a method of unions securing higher wages?
(a) restricting jobs
(b) enforcing a higher wage
(c) collusion with the employer
(d) the free market

15. Wages increasing faster than productivity is:
(a) none of the above
(b) the result of poor equipment
(c) a cause of inflation
(d) a result of inflation

Short Answer Questions

1. The railroads:

2. In Friedman's view, special interests:

3. Which of the following laws is not specifically aimed at protection of workers?

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

5. Friedman favors:

(see the answer keys)

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