2. What determines the ordinary market price of land?
(a) The ordinary market rate of corn.
(b) The ordinary market rate of product consumption.
(c) The ordinary market rate of interest.
(d) The ordinary market rate of gold.

3. Where does the town gain its wealth and subsistence from?
(a) Its capital.
(b) The country.
(c) Its manufacturers.
(d) Society.

4. What are the two kinds of labor?
(a) Manual and mental.
(b) Productive and unproductive.
(c) Professional and unskilled.
(d) Wage earning and charitable.

5. Who concluded the treaty of commerce between England and Portugal in 1703?
(a) Mr. Menchan.
(b) Mr. Metuel.
(c) Mr. Melkson.
(d) Mr. Methuen.

6. What is a borrower who uses his borrowed stock for immediate consumption?
(a) A laborer.
(b) A merchant.
(c) A prodigal.
(d) An investor.

7. What is the principal cause of the rapid progress of the American colonies?
(a) Nearly their entire capitals are employed in settlements.
(b) Nearly their entire capitals are employed in land.
(c) Nearly their entire capitals are employed in agriculture.
(d) Nearly their entire capitals are employed in commerce.

8. How are capitals increased?
(a) By industry.
(b) By parsimony.
(c) By prodigality.
(d) By misconduct.

9. St. Thomas and Santa Cruz are the only new world countries ever possessed by which country?
(a) Sweden.
(b) Holland.
(c) Denmark.
(d) Germany.

10. What is the first part of capital use in every growing society?
(a) Inland commerce.
(b) Agriculture.
(c) Foreign commerce.
(d) Manufacturers.

11. How do most men choose to employ their capitals?
(a) Manufactures.
(b) Agriculture.
(c) Foreign trade.
(d) Improvement of land.

12. What was the first article in the treaty of commerce between England and Portugal?
(a) British woolen cloth will be exported to Portugal.
(b) British wine will be exported to Portugal.
(c) British corn will be exported to Portugal.
(d) British wheat will be exported to Portugal.

13. What has increased in countries where interest on borrowed money has been prohibited by law?
(a) Usury has increased.
(b) Industry does not grow.
(c) Capital is stagnant.
(d) Money is borrowed from other countries.

14. What was the common rate of interest on borrowing through the greater part of Europe before the discovery of the West Indies?
(a) 11%.
(b) 9%.
(c) 10%.
(d) 12%.

15. What was one consequence when the German and Scythian nations overran the western provinces of the Roman empire?
(a) The inhabitants were made slaves.
(b) The inhabitants immgrated to other countries.
(c) The towns were razed.
(d) The country was left uncultivated.