No Such Thing As A Free Lunch

No Such Thing As A Free Lunch

12th Grade

5 Qs

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No Such Thing As A Free Lunch

No Such Thing As A Free Lunch

Assessment

Passage

Social Studies

12th Grade

Easy

Created by

Richard Quantrill

Used 1+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is TANSTAAFL attributed to?

Milton Friedman

Adam Smith

Karl Marx

John Maynard Keynes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does TANSTAAFL stand for?

The Art of Negotiation

Try And Never Stop Trying, Always Fight Like

There Ain't No Such Thing As A Free Lunch

Take A Nap, Start Tomorrow, Always Find Love

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does TANSTAAFL mean?

There's always a cost to any decision

Everything is free

There's always a free lunch

There's always a catch

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does TANSTAAFL explain about fun jobs and wages?

Fun jobs have equal wages

Fun jobs have no impact on wages

Fun jobs pay higher wages

Fun jobs pay lower wages

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the trade-off explained by TANSTAAFL?

More fun means higher wages, and higher wages means more fun

More fun means lower wages, and higher wages means less fun

More fun means equal wages, and higher wages means less fun

More fun means lower wages, and higher wages means more fun