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This quiz consists of 5 multiple choice and 5 short answer questions through Book 2, Chapter 5.

Multiple Choice Questions

1. What kind of revenue remains free to a country after deducting the expense of maintaining their fixed circulating capital?
(a) Net revenue.
(b) Production revenue.
(c) Gross revenue.
(d) Consumption revenue.

2. What kind of revenue is made from the interest on money?
(a) Taxable revenue.
(b) Renewable revenue.
(c) Laborless revenue.
(d) Derivative revenue.

3. What limits the extent of the division of labor?
(a) The workmen.
(b) The population.
(c) The market.
(d) The raw products.

4. What is the whole annual produce of the land and labor of every country used for?
(a) Manufacture and trade.
(b) Stock and commerce.
(c) Tax and employment.
(d) Consumption and revenue.

5. What was the original form of the metals used for commerce?
(a) Bars.
(b) Coins.
(c) Nuggets.
(d) Lumps.

Short Answer Questions

1. What causes the difference between a philosopher and a street porter?

2. Under division of labor, what generally supplies a man's wants?

3. What does the lender consider stock lent at an interest?

4. In some measure, every man in a growing commercial society becomes what?

5. What kind of person depends chiefly on the benevolence of this fellow citizens?

(see the answer key)

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