Economics Great Economists and Their Work Test 01 Online Mcqs Preparation Great Economists and Their Work Test 01 Online Mcqs Preparation 1. When was Adam Smith's major work "An Enquiry into the Nature and Causes of Wealth of Nations" published ?A. 1756B. 1776C. 1766 D. 1786 Loading... 2. Identify the economist who had little formal education and started working in the money market at an early age of fourteen .A. Adam SmithB. V.F.D. ParetoC. David RicardoD. A.A. Cournot Loading... 3. In which year was the first volume of Das Capital be Karl Marx published ?A. 1873B. 1859C. 1867D. 1848 Loading... 4. Identify the author of "The Principles of Political Economy and Taxation":A. J.S. MillB. A. TurgotC. David RicardoD. Alfred Marshall Loading... 5. "Rent is a creation of value, not of wealth." Who made this observation ?A. DavidB. A.C.PigouC. Alfred Marshall D. Adam Smith Loading... 6. Who is generally regarded as the founder of the "Classical School" ?A. J.S.MillB. Adam SmithC. David RicardoD. T.R.Malthus Loading... 7. Who first raised fears of a world food shortage ?A. J.B.SayB. T.R.MalthusC. J.S.Mill D. David Ricardo Loading... 8. Elinor Ostrom and Oliver Williamson are the Nobel Prize Laureates in Economics in 2009. Do you know in which year was Francois Quesnay's Tableu Economique published ?A. 1758B. 1764C. 1767 D. 1761 Loading... 9. "The real price of every thing, what every thing really costs to the man who wants to require it, is the toil and trouble of acquiring it. Who made this statement ?A. Adam SmithB. Karl Marx C. David RicardoD. J.S.Mill Loading... 10. "The labour of Nature is paid, not because she does much, but because she does little. In proportion as she becomes niggardly in her gifts, when exacts a greater price for her work." Who made this observation?A. Adam Smith B. LauderdaleC. David RicardoD. T.R.Malthus Loading... Loading... Related PostsGreat Economists and Their Work Test 08 Online Mcqs…Great Economists and Their Work Test 07 Online Mcqs…Great Economists and Their Work Test 03 Online Mcqs…Great Economists and Their Work Test 04 Online Mcqs…Great Economists and Their Work Test 02 Online Mcqs…Great Economists and Their Work Test 05 Online Mcqs… Continue Reading Previous International & National Tarde Test 06 Mcqs Preparation OnlineNext Great Economists and Their Work Test 02 Online Mcqs Preparation Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ