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This quiz consists of 5 multiple choice and 5 short answer questions through The Heresies of John Maynard Keynes.

Multiple Choice Questions

1. What nationality is Karl Marx?
(a) Brittish.
(b) American.
(c) French.
(d) German.

2. Adam Smith was a lecturer in what area?
(a) Economic Philosphy.
(b) Religion.
(c) Religious Science.
(d) Moral Philosophy.

3. Keynes defines prosperity and depression in terms of what?
(a) Output.
(b) Income.
(c) Distribution.
(d) Production.

4. Marx and Engels thought the revolution would occur in an advanced industrial economy like _________. (fill in the blank)
(a) France.
(b) Germany.
(c) America.
(d) England.

5. The Communist Manifesto was the platform for _________. (fill in the blank)
(a) The Fair Trade Act.
(b) The Industrial Revolution.
(c) The Communist League.
(d) The Labor Movement.

Short Answer Questions

1. Adam Smith was considered a non-conformist because he refused to do what before classes?

2. How many years did it take Marx to write Capital?

3. The period that followed the stock market crash is referred to as __________. (fill in the blank)

4. What describes how investment can lead to greater output?

5. Adam Smith defined wealth in terms of what?

(see the answer key)

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