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

Multiple Choice Questions

1. What kind of capital is employed in raising, manufacturing, or purchasing goods, and selling them again with a profit?
(a) Fixed capital.
(b) Instrumental capital.
(c) Circulating capital.
(d) Improving capital.

2. Which commodity is more susceptible to price variations?
(a) Linen.
(b) Gold.
(c) Wool.
(d) Corn.

3. Who besides productive and unproductive laborers are all equally maintained by the annual produce of the land and labor of the country?
(a) Those who are not citizens of the country.
(b) Those who labor in another country.
(c) Those who do not labor at all.
(d) Those who labor only for themselves.

4. What three ways do we obtain from one another the greater part of those mutual good offices which we stand in need of?
(a) By labor, by barter , or by charity.
(b) By ingenuity, by treaty, or by purchase.
(c) By treaty, by barter, or by purchase.
(d) By labor, by charity, or by ingenuity.

5. St. Thomas and Santa Cruz are the only new world countries ever possessed by which country?
(a) Denmark.
(b) Holland.
(c) Sweden.
(d) Germany.

Short Answer Questions

1. What is the real measure of the exchangeable value of all commodities?

2. What was prohibited from exportation in France until 1764?

3. The laborer is rich or poor, is well or ill rewarded, in proportion to what?

4. What is the third part of capital use in every growing society?

5. What kind of wine is not a European commodity?

(see the answer key)

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