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

2. Malthus continued to work on his theory of population and the food supply and assumed that humans could double their number every _________. (fill in the blank)
(a) Thirty-five years.
(b) Twenty-five years.
(c) Twenty years.
(d) Fifty Years.

3. Assigning tasks by command to ensure that all necessary tasks are performed is what type of system?
(a) Market.
(b) Tradition.
(c) Authority.
(d) Religion.

4. It is the forces of ______ that make the market function according to Adam Smith. (fill in the blank)
(a) Gold.
(b) Competition.
(c) Wealth.
(d) Nature.

5. What are economists considered by the rules of schoolboy history books?
(a) Miracle workers.
(b) Nonentities.
(c) Princes.
(d) Gods.

Short Answer Questions

1. According to Heilbroner, economists changed the world not through __________, but through power of their ideas. (fill in the blank)

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

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

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

5. According to Malthus, how did nature control the resources of the world?

(see the answer key)

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