View a FREE sample

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

Multiple Choice Questions

1. What was the keynote to Thorstein Veblen's life?
(a) Hard work.
(b) Eloquent speeches.
(c) A sense of humor.
(d) Alienation from society.

2. According to Malthus, how did nature control the resources of the world?
(a) Through war.
(b) Through death.
(c) Through poverty.
(d) Through famine.

3. _________ is a manner of organizing society so all tasks are performed. (fill in the blank)
(a) Religion.
(b) Tradition.
(c) Social compatibility.
(d) Self-reliance.

4. When investment is less than ___________ , there is depression. (fill in the blank)
(a) Output.
(b) Savings.
(c) Spending.
(d) Income.

5. What is production dependent upon?
(a) Wages.
(b) Nature.
(c) Profits.
(d) Distribution.

Short Answer Questions

1. Keynes thought the best way to stimulate a flagging economy was through __________. (fill in the blank)

2. What is the most worldly of all man's activities, according to Heilbroner?

3. Owen's idea was totally contrary to the doctrine of _________. (fill in the blank)

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

5. What was the title of Veblen's first book?

(see the answer key)

This section contains 206 words (approx. 1 page at 300 words per page) View a FREE sample