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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. Adam Smith was considered a non-conformist because he refused to do what before classes?
(a) Pray.
(b) Dress.
(c) Prepare.
(d) Lecture.

2. According to Marx, which class had something to fear?
(a) The farming class.
(b) The working class.
(c) The ruling class.
(d) The foreign class.

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

4. Where did Karl Marx and Friedrich Engels meet?
(a) Brussels.
(b) Paris.
(c) Berlin.
(d) London.

5. How many years did it take Adam Smith to finish The Wealth of Nations?
(a) Twelve.
(b) Fourteen.
(c) Three.
(d) Five.

Short Answer Questions

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

2. Marx's radicalism was ____________ rather than political. (fill in the blank)

3. The stock market crashed in what year?

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

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

(see the answer key)

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