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This quiz consists of 5 multiple choice and 5 short answer questions through The Gloomy Presentiments of Parson Malthus and David Ricardo.

Multiple Choice Questions

1. According to Malthus, how did nature control the resources of the world?
(a) Through war.
(b) Through death.
(c) Through poverty.
(d) Through famine.

2. What kind of survival has man faced from the earliest days on?
(a) Social.
(b) Economic.
(c) Monetary.
(d) Marital.

3. Adam Smith left his university position to become a private tutor and traveled through which country?
(a) France.
(b) America.
(c) Russia.
(d) China.

4. What did Malthus believe was the basic trouble with the world?
(a) Too many landowners.
(b) Too few jobs.
(c) Too much war.
(d) Too many people.

5. In The Wealth of Nations, _________ are used as examples of how the market functions. (fill in the blank)
(a) Corn and wheat.
(b) Gloves and shoes.
(c) Boots and hats.
(d) Rents and costs.

Short Answer Questions

1. It is the forces of ______ that make the market function according to Adam Smith. (fill in the blank)

2. Smith was a firm believer in _______________, or leave the market alone. (fill in the blank)

3. What was Ricardo's job?

4. Economists make order out of what, in Helibroner's opinion?

5. "Each should do what was to his best monetary advantage" describes what system?

(see the answer key)

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