Great Economists and Their Work Test 01 Online Mcqs Preparation Leave a Comment / Economics / By Shani Malik 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. David RicardoC. A.A. CournotD. Adam Smith Loading... 2. "Rent is a creation of value, not of wealth." Who made this observation ?A. Alfred Marshall B. Adam SmithC. A.C.PigouD. David Loading... 3. When was Adam Smith's major work "An Enquiry into the Nature and Causes of Wealth of Nations" published ?A. 1756B. 1786C. 1776D. 1766 Loading... 4. In which year was the first volume of Das Capital be Karl Marx published ?A. 1867B. 1859C. 1873D. 1848 Loading... 5. Identify the author of "The Principles of Political Economy and Taxation":A. A. TurgotB. David RicardoC. J.S. MillD. Alfred Marshall Loading... 6. Who is generally regarded as the founder of the "Classical School" ?A. Adam SmithB. David RicardoC. J.S.MillD. T.R.Malthus Loading... 7. 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. 1767 B. 1758C. 1764D. 1761 Loading... 8. "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. J.S.MillC. David RicardoD. Karl Marx 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. T.R.MalthusB. David RicardoC. Adam Smith D. Lauderdale Loading... 10. Who first raised fears of a world food shortage ?A. J.B.SayB. David Ricardo C. T.R.MalthusD. J.S.Mill Loading... Loading... Related NTS Results Post:Chemistry MCQs Test 07 Online PreparationBiology Mcqs Test 07 Online PreparationBiology Mcqs Test 06 Online PreparationBiology Mcqs Test 08 Online PreparationBiology Mcqs Test 09 Online PreparationBiology Mcqs Test 14 Online PreparationIslamiat Mcqs Test 01 Online PreparationIslamiat Mcqs Test 02 Online Preparation