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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. Where was Adam Smith educated?
(a) Oxford.
(b) University of Glasgow.
(c) Harvard.
(d) University of England.

2. What describes how investment can lead to greater output?
(a) Law of Population.
(b) Law of Economics.
(c) Law of Assimilation.
(d) Law of Accumulation.

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

4. Dr. Richard Price felt that the population had declined by how much?
(a) 30%.
(b) 20%.
(c) 10%.
(d) 50%.

5. According to Heilbroner, economists changed the world not through __________, but through power of their ideas. (fill in the blank)
(a) Force.
(b) Laughter.
(c) Mischief.
(d) Wealth.

Short Answer Questions

1. In ancient society, there was no need for political economy or to see what made the economy function because it was all based on what?

2. In what year did Reverend Thomas Robert Malthus publish "An Essay on the Principle of Population as it Affects the Future Improvement of Society"?

3. Malthus's essay earned economics the nickname _________. (fill in the blank)

4. According to Heilbroner, these men who have had such an impact on society are known as _________. (fill in the blank)

5. In The Wealth of Nations, _________ are used as examples of how the market functions. (fill in the blank)

(see the answer key)

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