View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7, Who Protects the Consumer?.

Multiple Choice Questions

1. What is a good source of information on prices and markets?
(a) a weekly magazine
(b) word of mouth
(c) the Sunday paper
(d) The Wall Street Journal

2. Equality of outcomes is related to:
(a) fairness or fair shares
(b) rights to open a business
(c) education
(d) right to own property

3. All but the following have resulted from centralization in schooling:
(a) less choice for consumers
(b) more choice for consumers
(c) larger scale units
(d) increased power for administrators

4. The Employment Act of 1946 dictated government's responsibility for all but the following:
(a) purchasing power
(b) employment
(c) production
(d) taxes

5. Which of the following is not a public assistance program?
(a) Aid to Families with Dependent Children
(b) food stamps
(c) Earned Income Credit
(d) Medicaid

Short Answer Questions

1. Most of the funding for public education is provided by the:

2. The equality of outcomes approach is based on:

3. The trucking industry was brought under ICC jurisdiction in:

4. One of the big complaints of parents is that they:

5. Which of the following is not one of Adam Smith's duties of government?

(see the answer key)

This section contains 237 words (approx. 1 page at 300 words per page) View a FREE sample