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This quiz consists of 5 multiple choice and 5 short answer questions through End of Book 4 & Book 5, Chapter 1.

Multiple Choice Questions

1. How many general types of fixed capital are there?
(a) Four.
(b) Two.
(c) Five.
(d) Three.

2. What bill was published by Alexander III in the 12th century?
(a) The directive to bring more slaves into the country.
(b) The general emancipation of slaves.
(c) The justification of slavery.
(d) The forbidding of bringing more slaves into the country.

3. What was the mint price of eight Paris ounces of gold according to the edict of January 1726?
(a) Seven hundred and twenty livres, nine sous, and one denier one-eleventh.
(b) Seven hundred and forty livres, nine sous, and one denier one-eleventh.
(c) Seven hundred and thirty livres, nine sous, and one denier one-eleventh.
(d) Seven hundred and ten livres, nine sous, and one denier one-eleventh.

4. Where do a farmer's or manufacturer's profits come from?
(a) From what they produce.
(b) From their reserve.
(c) From their surplus.
(d) From their stock.

5. What does a man expect when he employs his stock as capital?
(a) Wages.
(b) Profit.
(c) Labor.
(d) Reserve.

Short Answer Questions

1. What does the part of the annual production of the land and labor of any country which replaces a capital do?

2. What was the common instrument of commerce among the ancient Romans?

3. What does an artificer who lives where there is either no uncultivated land, or none that can be had upon easy terms, do when he has acquired a little more stock than is necessary for carrying on his own business in supplying the neighboring country?

4. What is not an example of unproductive labor?

5. What supplies the inhabitants of the town both with the materials of their work, and the means of their subsistence?

(see the answer key)

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