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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. According to Friedman, the way to cure inflation is to:

2. A school voucher program would:

3. The reason given for regulation of industry is to:

4. The railroads:

5. Modern labor unions trace their roots back:

Short Essay Questions

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

2. What does Friedman feel has been more damaging that government spending in terms of government controls?

3. What is the cure for inflation?

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

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

6. In what ways is the American Medical Association a labor union?

7. Why do increases in the minimum wage result in unemployment?

8. What have parents been complaining of in recent years regarding public education?

9. What can function as money?

10. What are the political realities of a democratic system, according to Friedman?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Friedman proposes an economic Bill of Rights as a way of limiting the scope and growth of government. Discuss and evaluate Friedman's proposal. Do you think it is politically feasible? Why or why not?

Essay Topic 2

Friedman believes that government spending is less damaging than other forms of government controls. What are these other forms of government controls and why are they damaging? Do you agree with Friedman?

Essay Topic 3

Do workers in America need protection in the labor market? Why or why not? What kinds of laws are there that protect workers? Are you in favor of these laws?

(see the answer keys)

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