Great Economists and Their Work Test 01 Online Mcqs Preparation Shani Malik — May 19, 2018 in Economics • add comment Great Economists and Their Work Test 01 Online Mcqs Preparation 1. Identify the economist who had little formal education and started working in the money market at an early age of fourteen .A. V.F.D. ParetoB. Adam SmithC. A.A. CournotD. David Ricardo Loading... 2. In which year was the first volume of Das Capital be Karl Marx published ?A. 1867B. 1859C. 1873D. 1848 Loading... 3. "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. Karl Marx B. Adam SmithC. David RicardoD. J.S.Mill Loading... 4. Identify the author of "The Principles of Political Economy and Taxation":A. Alfred Marshall B. David RicardoC. J.S. MillD. A. Turgot Loading... 5. Who first raised fears of a world food shortage ?A. T.R.MalthusB. J.S.Mill C. David Ricardo D. J.B.Say Loading... 6. 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. 1761B. 1758C. 1767 D. 1764 Loading... 7. Who is generally regarded as the founder of the "Classical School" ?A. J.S.MillB. David RicardoC. T.R.MalthusD. Adam Smith Loading... 8. When was Adam Smith's major work "An Enquiry into the Nature and Causes of Wealth of Nations" published ?A. 1786B. 1776C. 1756D. 1766 Loading... 9. "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. T.R.MalthusD. David Ricardo Loading... 10. "Rent is a creation of value, not of wealth." Who made this observation ?A. Alfred Marshall B. Adam SmithC. A.C.PigouD. David Loading... Loading... Related NTS Results Post:Great Economists and Their Work Test 04 Online Mcqs…Great Economists and Their Work Test 02 Online Mcqs…Great Economists and Their Work Test 08 Online Mcqs…Great Economists and Their Work Test 07 Online Mcqs…Great Economists and Their Work Test 06 Online Mcqs…Great Economists and Their Work Test 03 Online Mcqs…Great Economists and Their Work Test 05 Online Mcqs…Biology Mcqs Test 15 Online Preparation