View a FREE sample

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

Multiple Choice Questions

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

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

3. When investment is less than ___________ , there is depression. (fill in the blank)
(a) Spending.
(b) Output.
(c) Savings.
(d) Income.

4. In what year did Keynes publish his Tract on Monetary Reform?
(a) 1923.
(b) 1933.
(c) 1929.
(d) 1928.

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

Short Answer Questions

1. What did President Hoover think would be banished from the nation in the late 1920's?

2. What theory explains that higher wages will call forth more workers because higher wages result in better living conditions and lower mortality figures?

3. Adam Smith defined wealth in terms of what?

4. What was the title of Adam Smith's first book?

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

(see the answer key)

This section contains 192 words (approx. 1 page at 300 words per page) View a FREE sample