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

Multiple Choice Questions

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

2. Who does the author say would earn more money than Einstein?
(a) Donna Mae.
(b) Doris Day.
(c) Elvis Presley.
(d) Karl Marx.

3. What thrives on free trade, according to the author?
(a) Parliamentary systems.
(b) Liberty.
(c) Democracy.
(d) Capitalism.

4. How many keystones are there to capitalism?
(a) Seven.
(b) Five.
(c) Four.
(d) Six .

5. Who is J.J. Hill?
(a) A government official.
(b) A businessman.
(c) A developer.
(d) A government regulator.

6. Who is the author of the antitrust chapter?
(a) Arnold Greenspan.
(b) Alan Greenspan.
(c) Arnod Greenspan.
(d) Alex Greenspan.

7. According to the author, what kind of governments use weapons against their own people?
(a) Democracies.
(b) Republics.
(c) Communists.
(d) Dictatorships.

8. In a free market, economic power is determined by what?
(a) Surplus.
(b) Supply and demand.
(c) Price and wages.
(d) Inflation.

9. What is the name that the nobility, and the king, use to describe people who are considered property?
(a) Chargrin.
(b) Chartered.
(c) Cattle.
(d) Chattel.

10. Copyrights apply to what?
(a) Physical items.
(b) Medicines.
(c) Actual locations.
(d) Ideas.

11. The Aluminum Company of America holds a position as the only producer of what?
(a) Tin-aluminum.
(b) Secondary aluminum.
(c) Aluminum alloy.
(d) Primary aluminum.

12. What does the author blame for crises and depressions in capitalism?
(a) Government interference.
(b) Allocation of resources.
(c) Cyclical economies.
(d) Bad choices.

13. Who is the author of this book?
(a) Anna Rand.
(b) Alena Rand.
(c) Annabelle Rand.
(d) Ayn Rand.

14. The author feels that the only way to make the industry responsive to the market is to make the airwaves what?
(a) Industry-controlled.
(b) Private property.
(c) Bought and sold.
(d) Free.

15. According to the author, statism is often linked to what other "ism"?
(a) Republicanism.
(b) Liberalism.
(c) Conservatism.
(d) Militarism.

Short Answer Questions

1. Branden says that, according to the statists, depressions are part of what?

2. The Aluminum Company of America is a monopoly in the sense that it has control over what?

3. The author compares statism to what kind of rule?

4. According to the author, what is the cause of the Great Depression?

5. What type of businessmen does the author feel are persecuted?

(see the answer keys)

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