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

2. According to Malthus, the size of the population is limited by what?
(a) Land.
(b) Food supply.
(c) Production.
(d) Wealth.

3. Who failed to recognize the wealth creating ability of labor?
(a) Hume.
(b) Locke.
(c) Quesnay.
(d) Smith.

4. _________ was based on true wealth only being created in agriculture. (fill in the blank)
(a) Physiocracy.
(b) Laissez-faire.
(c) Agricracy.
(d) Macroeconomics.

5. What has played a central role in population control in the Western hemisphere?
(a) Governments.
(b) Disease.
(c) Birth control.
(d) War.

Short Answer Questions

1. What are economists considered by the rules of schoolboy history books?

2. Heilbroner describes a trial of a wealthy man before the church in Boston in what year?

3. How many of the economists featured in the book made their own fortune?

4. Assigning tasks by command to ensure that all necessary tasks are performed is what type of system?

5. The market system was compelled largely by what idea?

(see the answer key)

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