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This quiz consists of 5 multiple choice and 5 short answer questions through Gold and Economic Freedom.

Multiple Choice Questions

1. The Aluminum Company of America is a monopoly in the sense that it has control over what?
(a) Its independence.
(b) Its price.
(c) Its sellers.
(d) Its suppliers.

2. The author believes that as long as capital can flow freely, it will flow where?
(a) To the situation that is best for mankind.
(b) To where it earns the highest rate of return.
(c) To the situation that is best for society.
(d) To where it is needed the most.

3. Which British civil servant says the U.S. antitrust laws cannot be understood?
(a) A.D. Brookings.
(b) A.D. Foster.
(c) A.D. Neale.
(d) A.D. Gershwin.

4. What chapter does Nathaniel Branden write?
(a) "Monopolies and Trade."
(b) "Common Truths About Capitalism."
(c) "Antitrust."
(d) "Common Fallacies About Capitalism."

5. Who is the author of the "Gold and Economic Freedom" chapter?
(a) Alan Greenspan.
(b) Theodore Huffington.
(c) Richard Fullerton.
(d) Marcus Bludger.

Short Answer Questions

1. Branden says that public education is not a ______ _______ because it must be paid for.

2. What are ALCOA, General Electric and other companies said to be engaged in that cause them to be sued under the antitrust laws?

3. What is another word for statism?

4. When does the gold standard cease to exist?

5. What does the author believe is the basic tool of business?

(see the answer key)

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