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This quiz consists of 5 multiple choice and 5 short answer questions through The Gloomy Presentiments of Parson Malthus and David Ricardo.

Multiple Choice Questions

1. Eighteenth-century England thought the population to be somewhere around 5.5 million people, and it was not expected to double for approximately how many years?
(a) Six hundred years.
(b) Five hundred years.
(c) Two hundred years.
(d) Seven hundred years.

2. The new philosophy of survival with the market system brought with it what new social problem?
(a) Keeping the poor poor.
(b) Keeping the poor drunk.
(c) Getting the rich poor.
(d) Getting the poor rich.

3. According to Heilbroner, these men who have had such an impact on society are known as _________. (fill in the blank)
(a) The Great Economists.
(b) The Miracle Workers.
(c) The Nine Influences.
(d) The Money Makers.

4. What theory explains that higher wages will call forth more workers because higher wages result in better living conditions and lower mortality figures?
(a) Law of Economics.
(b) Law of Assimilation.
(c) Law of Population.
(d) Law of Accumulation.

5. In ancient society, there was no need for political economy or to see what made the economy function because it was all based on what?
(a) Markets.
(b) Custom and tradition.
(c) Money and taxes.
(d) Religion.

Short Answer Questions

1. Economists make order out of what, in Helibroner's opinion?

2. One of the featured economists was never more than what?

3. In what year did Reverend Thomas Robert Malthus publish "An Essay on the Principle of Population as it Affects the Future Improvement of Society"?

4. Where was Adam Smith educated?

5. What describes how investment can lead to greater output?

(see the answer key)

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