Great Economists and Their Work Test 01 Online Mcqs Preparation

Test Instructions

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.
B.
C.
D.

2. In which year was the first volume of Das Capital be Karl Marx published ?
A.
B.
C.
D.

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.
B.
C.
D.

4. Identify the author of "The Principles of Political Economy and Taxation":
A.
B.
C.
D.

5. Who first raised fears of a world food shortage ?
A.
B.
C.
D.

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.
B.
C.
D.

7. Who is generally regarded as the founder of the "Classical School" ?
A.
B.
C.
D.

8. When was Adam Smith's major work "An Enquiry into the Nature and Causes of Wealth of Nations" published ?
A.
B.
C.
D.

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.
B.
C.
D.

10. "Rent is a creation of value, not of wealth." Who made this observation ?
A.
B.
C.
D.


 

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