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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. What year was The Wealth of Nations published?
(a) 1759.
(b) 1723.
(c) 1776.
(d) 1758.

2. One of the featured economists was never more than what?
(a) An insurance salesman.
(b) A traveling salesman.
(c) A drunk.
(d) A hack.

3. The mistakes of economist are nothing short of _________. (fill in the blank)
(a) Inconsequential.
(b) Calamitous.
(c) Rare.
(d) Impossible.

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

5. Smith was a firm believer in _______________, or leave the market alone. (fill in the blank)
(a) Laissez-faire.
(b) Agricracy.
(c) Macroeconomics.
(d) Physiocracy.

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. According to Ricardo, which class was the only class in English society which could benefit from its hold on grain prices?

3. According to Malthus, the size of the population is limited by what?

4. Adam Smith left his university position to become a private tutor and traveled through which country?

5. To Heilbroner, what is the common denominator at the core of these men with diverse backgrounds?

(see the answer key)

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