Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Gold and Economic Freedom.
Multiple Choice Questions
1. The Federal Reserve System was created when the government thought that what was happening?
(a) A depression.
(b) A recession.
(c) A shortage of bank reserves.
(d) A shortage of interest reserves.
2. The author believes that antitrust laws are a _______ ________________ of history.
(a) Failed experiement.
(b) Factual representation.
(c) Gross misinterpretation.
(d) Twisted understanding.
3. The author states that most wars are started by countries with what?
(a) Restricted economies.
(b) Restrained trade.
(c) Fair trade.
(d) Controlled economies.
4. What do the courts protect?
(a) Criminals.
(b) Labor unions.
(c) Property.
(d) Businesses.
5. Who is the author of this book?
(a) Anna Rand.
(b) Ayn Rand.
(c) Alena Rand.
(d) Annabelle Rand.
Short Answer Questions
1. What is the goal of the creation of the Federal Reserve System?
2. What is the result of railroad subsidies by the government?
3. The Aluminum Company of America holds a position as the only producer of what?
4. According to the author, what kind of governments use weapons against their own people?
5. When the investors realize they have a problem and they all try to get out of the market, what results?
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