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

2. What did all of the these economists do?
(a) Died penniless.
(b) Influenced a king.
(c) Never married.
(d) Wrote a book.

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

4. By what decade was Malthus proved wrong?
(a) 1970's.
(b) 1990's.
(c) 1980's.
(d) 1950's.

5. The market system was compelled largely by what idea?
(a) Loss.
(b) Gain.
(c) Work.
(d) Need.

Short Answer Questions

1. Who failed to recognize the wealth creating ability of labor?

2. At what university was Adam Smith on the faculty?

3. Who is to blame for the lack of glamour in the field of economics?

4. What does Heilbroner think is strange about ancient civilizations?

5. Only because man is ___________ he has succeeded. (fill in the blank)

(see the answer key)

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