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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. How many years did it take Adam Smith to finish The Wealth of Nations?
(a) Three.
(b) Twelve.
(c) Fourteen.
(d) Five.

2. Who wrote the Tableau Economique?
(a) Hume.
(b) Smith.
(c) Quesnay.
(d) Locke.

3. 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 poor rich.
(d) Getting the rich poor.

4. The fact that man is _________ makes survival difficult. (fill in the blank)
(a) Self-centered.
(b) Antisocial.
(c) Clever.
(d) A slow learner.

5. One of the featured economists was never more than what?
(a) An insurance salesman.
(b) A traveling salesman.
(c) A hack.
(d) A drunk.

6. The mistakes of economist are nothing short of _________. (fill in the blank)
(a) Rare.
(b) Inconsequential.
(c) Impossible.
(d) Calamitous.

7. To Heilbroner, what is the common denominator at the core of these men with diverse backgrounds?
(a) Intellect.
(b) Wisdom.
(c) Greed.
(d) Curiosity.

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

9. What year was The Wealth of Nations published?
(a) 1759.
(b) 1723.
(c) 1776.
(d) 1758.

10. The first stop on Heilbroner's description of how economists became necessary to society is France in what year?
(a) 1550.
(b) 1630.
(c) 1776.
(d) 1305.

11. John Stuart Mill's book was written when he was in his forties. What is the name of the book?
(a) Essay on the Principles of Population.
(b) Principles of Economic Success.
(c) Principles of Political Economy.
(d) The Wealth of Nations.

12. Charles Fourier is classified as _________. (fill in the blank)
(a) An Utopian Socialist.
(b) An Economic Revolutionary.
(c) A Gloomy Economist.
(d) A Labor Unionist.

13. Mill's book pointed out that the true province of economic law was production, not _________. (fill in the blank)
(a) Profits.
(b) Distribution.
(c) Factories.
(d) Wages.

14. What has played a central role in population control in the Western hemisphere?
(a) Disease.
(b) Governments.
(c) Birth control.
(d) War.

15. By what decade was Malthus proved wrong?
(a) 1990's.
(b) 1970's.
(c) 1950's.
(d) 1980's.

Short Answer Questions

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

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

3. Heilbroner begins the book by saying it is limited to a small number of men who did more for history with _________ than famous men did. (fill in the blank)

4. In Mills' model, wages would rise as a result of accumulation of capital. Eventually, the accumulation process would come to an end and enter what stage?

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

(see the answer keys)

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