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This quiz consists of 5 multiple choice and 5 short answer questions through The Heresies of John Maynard Keynes.

Multiple Choice Questions

1. In what year did Keynes publish his Tract on Monetary Reform?
(a) 1933.
(b) 1929.
(c) 1923.
(d) 1928.

2. Keynes received an appointment to a Royal Commission studying what?
(a) The market crash.
(b) Unemployment.
(c) Monetary reform.
(d) Indian currency.

3. Why does Keynes resign his position from the Peace Conference?
(a) He wanted a more powerful position.
(b) He is opposed to the German reparation payments.
(c) He is in favor of German reparation payments.
(d) He is opposed to the war.

4. Where did Karl Marx and Friedrich Engels meet?
(a) Paris.
(b) Berlin.
(c) London.
(d) Brussels.

5. Keynes thought the best way to stimulate a flagging economy was through __________. (fill in the blank)
(a) Private investments.
(b) Lower taxes.
(c) Higher wages.
(d) Lower interest rates.

Short Answer Questions

1. What was the title of Adam Smith's first book?

2. What year was The Wealth of Nations published?

3. Adam Smith left his university position to become a private tutor and traveled through which country?

4. When investment is less than ___________ , there is depression. (fill in the blank)

5. Where did Keynes attend college?

(see the answer key)

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