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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Which kind of worker has no protection?
(a) states employees
(b) federal employees
(c) employees of a conglomerate
(d) workers with no possible employer

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

3. What is not one of the real forces that determine the wealth of a nation?
(a) geographic area
(b) mode of political and economic organization
(c) resources
(d) productivity

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

5. The trucking industry was brought under ICC jurisdiction in:
(a) 1952
(b) 1943
(c) 1948
(d) 1935

Short Answer Questions

1. Before the formation of the ICC, the railroad industry experienced all but the following:

2. The regulation of employment practices and safety standards in the workplace is performed by:

3. Parents who send their children to private schools:

4. Modern labor unions trace their roots back:

5. During a hyperinflation:

Short Essay Questions

1. What is the big advantage of the school voucher programs?

2. What does inflation mean for governments or people who are in debit?

3. As America was settled, what was one of the first things communities established?

4. In recent years, in what sector have unions experienced growth?

5. After the Depression and the centralization of government, education and schooling also became centralized. What are the effects of this centralization?

6. What effect do special interest groups have upon government?

7. Explain how limiting the number of workers results in higher wages.

8. What are Friedman's views regarding big government?

9. Explain the relationship between the economic policy and the intellectual climate?

10. Who benefits the most from a school voucher program?

(see the answer keys)

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