Multiple choice

1. President Franklin Roosevelt's methods of restoring the economy's health after the Depression were closest to the economic position of

Adam Smith.

John Maynard Keynes.

Karl Marx.

Alan Greenspan.

Milton Friedman.

2. The nuclear triad consists of

land-based missiles, long-range bombers, and tactical nuclear weapons.

long-range bombers, jet fighters, and submarine-based missiles.

land-based missiles, submarine-based missiles, and long-range bombers.

long-range bombers, land-based missiles, and cruise missiles.

None of the answers are correct.

3. The key issue of regulatory policy is

the great amount of paperwork (red tape).

whether the costs imposed by regulation on business outweigh its potential benefits.

whether corporate and consumer interests are equally represented on regulatory commissions.

whether it has bipartisan support in Congress.

whether the commissioners' opinion about a policy is unanimous.

4. Which of the following statements is true concerning American public opinion on school vouchers?

Americans are divided in their opinions on school vouchers.

Americans strongly support school vouchers.

Americans strongly oppose school vouchers.

Most Americans have never heard of school vouchers.

Americans favor higher taxes to pay for vouchers.