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Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 9, Occupational Licensure.
Multiple Choice Questions
1. Which term describes the purpose of federal spending?
(a) "Seesaw."
(b) None of the answers is correct.
(c) "Balance beam."
(d) "Balance wheel."
2. Friedman believes that government that has the power to do good, also has the power to do ______.
(a) Nothing.
(b) Wrong.
(c) Right.
(d) Bad.
3. What does Friedman believe will markets do over time to monopolies?
(a) Make them obsolete.
(b) Separate them slowly.
(c) Strengthen them.
(d) Break them up.
4. Regarding certification, what does Friedman stress increases sales?
(a) Stringent certification controls.
(b) Good products that maintain good reputations.
(c) Word of mouth advertising.
(d) Certificates of authenticity.
5. What example does Friedman use to demonstrate his views on employment practices?
(a) A grocer.
(b) A lawyer.
(c) A blacksmith.
(d) A baker.
Short Answer Questions
1. In Friedman's eyes, individual activities correspond to game players as the framework of law corresponds to______.
2. Which of the following cannot be justified by Friedman for government interventions?
3. Friedman believes that economic control can lead to infringements on ______.
4. Besides enforcing contracts, what one other thing does Friedman say government should do?
5. Labor unions are referred to as ______.
This section contains 219 words (approx. 1 page at 300 words per page) |
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