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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 9 through 12.

Multiple Choice Questions

1. At what institution did Milton Friedman teach for over three decades?
(a) Harvard University.
(b) Loyola University.
(c) Stanford University.
(d) The University of Chicago.

2. What economist makes the observation that aid to a developing country actually impedes that development in Chapter 6: The Music Man?
(a) Wilhelm Röpke.
(b) Paul Krugman.
(c) Carl Menger.
(d) Dambisa Moyo.

3. Mamet writes in Chapter 10: Milton Friedman Explained that the advantage that free enterprise has over the state is that it can what?
(a) It can advertise.
(b) More easily and effectively correct itself.
(c) Change prices and values easier.
(d) It can skirt regulations easier.

4. According to Mamet, the Left ascribes to a sharing of wealth but fails to answer what fundamental question?
(a) What true wealth is.
(b) How important wealth is.
(c) Where the wealth came from.
(d) What currency is the strongest.

5. According to Mamet in Chapter 7: Choice, a group that knows nothing of the world's history plopped in an isolated area on earth has what one factor that keeps it together?
(a) Pride.
(b) Shared ability to see the future.
(c) The human element.
(d) Shared denial of reality.

Short Answer Questions

1. Who was the Republican candidate for President in the 2008 election?

2. Who wrote the book, music and lyrics for the play "The Music Man"?

3. What refers to a prohibition or interdiction of anything; exclusion from use or practice?

4. When was Sigmund Freud born?

5. Who felt that ultimate security would be found in peaceful solutions, according to Mamet in the 2008 Presidential elections?

(see the answer key)

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