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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. For Friedman, what is one major problem in interpreting the evidence on the distribution of income?
(a) Temporary vs. long run income status.
(b) Lack of data.
(c) Reliable empirical evidence.
(d) Defining poverty levels.

2. How many problems with monopolies does Friedman describe?
(a) Four.
(b) Two.
(c) Three.
(d) One.

3. What specific social responsibility does Friedman condemn for corporations?
(a) Charitable giving.
(b) Fair hiring practices.
(c) Right to work laws.
(d) Sweat free labor practices.

4. What industry does Friedman use to argue against licensure?
(a) Attorneys.
(b) Medical.
(c) Teachers.
(d) Economists.

5. Friedman advocates ______ income of the poor.
(a) Taxing.
(b) Reducing.
(c) Supplementing.
(d) Supplanting.

6. What is the term for making non-membership in a union a condition of employment?
(a) Red-cat" contract.
(b) "Blue-bee" contract.
(c) "Yellow-dog" contract.
(d) "Green-bird" contract.

7. What one argument for OASI can be justified for Friedman?
(a) It puts youth and the elderly on the same playing field.
(b) It serves as a magnification of society's social issues.
(c) It helps high-income people more than low-income people.
(d) It helps low-income people more than high-income people.

8. What example does Friedman give for one argument for registration?
(a) Sex offender registration.
(b) Alcohol registration.
(c) Tobacco registration.
(d) Firearm registration.

9. What has been more potent for progress than the visible hand for retrogression according to Friedman?
(a) Transparent hand.
(b) Hidden hand.
(c) None of the answers is correct.
(d) Invisible hand.

10. What effect has public housing had on the density of people per dwelling?
(a) Spread it out.
(b) Increased it.
(c) Maintained it.
(d) Reduced it.

11. What prefix were New Dealers commonly called?
(a) Ill.
(b) Re.
(c) Ex.
(d) Un.

12. If forced to choose between segregation or integration, which would Friedman choose?
(a) Integration.
(b) Neither.
(c) A combination.
(d) Segregation.

13. Friedman gives examples of successful government intervention except ______.
(a) The income tax.
(b) Sherman antitrust laws.
(c) Magnificent dams.
(d) School system.

14. Who does Friedman think can abuse licensure?
(a) Educational institutions.
(b) Those applying for the licenses.
(c) Special interest groups.
(d) An elite few in power.

15. Friedman claims there is no connection between equal treatment and what?
(a) Equal rights.
(b) Equal shares of income.
(c) Equal opportunity.
(d) Equal protection.

Short Answer Questions

1. Friedman hypothesizes that there has been a change in discrimination along with the rise of capitalism because ______.

2. Regarding certification, what does Friedman stress increases sales?

3. In Chapter 12, The Alleviation of Poverty, what two things does Friedman say a person cannot be at the same time?

4. According to Friedman, the essence of a competitive market is its ______ character.

5. What example does Friedman use to demonstrate his views on employment practices?

(see the answer keys)

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