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This quiz consists of 5 multiple choice and 5 short answer questions through End of Book 3 & Book 4, Chapter 1.

Multiple Choice Questions

1. What kind of revenue constitutes the whole annual produce of the a country's land and labor?
(a) Gross revenue.
(b) Consumption revenue.
(c) Production revenue.
(d) Net revenue.

2. What is the name of a species of farmers in France who succeeded the slave cultivators of ancient times?
(a) Mamtroers.
(b) Metayers.
(c) Milayers.
(d) Motrammers.

3. What are the natural consequences of the law of primogeniture?
(a) Entails.
(b) Bankrupcy.
(c) Female inheritors.
(d) Divided estates.

4. What is a borrower who uses his borrowed stock for immediate consumption?
(a) A prodigal.
(b) A merchant.
(c) A laborer.
(d) An investor.

5. What is true about the amount of metal coins which circulate in a society?
(a) They can never be equal to the revenue of the society.
(b) They are equal to the revenue of the society.
(c) They have no relation to the revenue of the society.
(d) They fluctuate the revenue of the society.

Short Answer Questions

1. To what price do all commodities gravitate?

2. How does an individual live within a civilized society?

3. At the time the book was written, what commodity regulated the value of all other home-made commodities?

4. How do most men choose to employ their capitals?

5. What does a North American colonial artificer do when he has acquired a little more stock than is necessary for carrying on his own business in supplying the neighboring country?

(see the answer key)

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