Great Economists and Their Work Test 04 Online Mcqs Preparation

1. Among the following Noble Prize winners for Economics one is an Austrian economist. Identify him:

A. George Stigler

B. F.A. von Hayek

C. Simon Kuznets

D. Herbert A.Simon

2. How old was Alfred Marshall when he died?

A. 90 years

B. 85 years

C. 82 years

D. 80 years

3. Who developed the concept of "Representative Firm"?

A. J.M.Keynes

B. Alfred Marshall

C. A.W.H.Phillips

D. A.C.Pigou

4. Which of the following Alfred Marshall's works was first published ?

A. Money, Credit and Commerce

B. Industry and Trade

C. The Principles of Economics

D. The Pure theory of Foreign trade

5. Which one among the following does not match ?

A. Jagdish Bhagwati - Princeton

B. P.S.Dasgupta - Cambridge

C. Amartya Sen - Harvard

D. T.N.Srinivasan - Yale

6. Which of the following is not the work of J.B. Clark ?

A. Economics of Overhead Costs

B. The Control of Trusts

C. Philosophy of Wealth

D. The Problem of Monopoly

7. Which of the following does not match ?

A. H.Myint: Economic Theory and Underdeveloped Regions

B. J.R.Hicks: Capital and Growth

C. E.H. Phelps - Brown: The Economics of Labour

D. C.P. Kindleberger: Economic Development

8. Who first used the term 'quasi-rent'?

A. Karl Marx

B. David Ricardo

C. Alfred Marshall

D. J.S.Mill

9. Identify the economist who propounded the "Time Preference Theory of Interest":

A. J.M.Keynes

B. Nassau Senior

C. K.Wicksell

D. Bohm Bawerk

10. Identify the work of T.Schultz:

A. Jobs, Poverty and the Green Revolution

B. Productivity and Technical Change

C. Transforming Traditional Agriculture

D. The Green Revolution: Generations of Problems

Great Economists and Their Work Test 04 Online Mcqs Preparation

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