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WorksheetsQuiz on Principles of Economics by Alfred Marshall
Total questions: 11
Worksheet time: 6mins
In what year was 'Principles of Economics' first published?
1900
1880
1890
1920
Who is the author of 'Principles of Economics'?
John Maynard Keynes
Adam Smith
Alfred Marshall
David Ricardo
How many editions of 'Principles of Economics' were published by 1920?
Five
Six
Seven
Eight
What is the main subject of 'Principles of Economics'?
History
Political Science
Economics
Sociology
Which book is considered Alfred Marshall's magnum opus?
The General Theory
The Wealth of Nations
Principles of Economics
Capital
What concept did Marshall popularize that relates to price determination?
Supply and Demand Functions
Marginal Utility
Comparative Advantage
Opportunity Cost
What is the focus of Book IV in 'Principles of Economics'?
Fundamental Notions
Distribution of National Income
Agents of Production
Wants and Their Satisfaction
What term did Marshall use to describe the surplus in economic welfare?
Consumer Surplus
Producer Surplus
Marshallian Surplus
Economic Surplus
What was the main reason for the modern prosperity of new countries according to Marshall?
Local resources
Old world markets
Technological advancements
Labor force
Which of the following is NOT a part of the contents of 'Principles of Economics'?
General Relations of Demand, Supply, and Value
The Role of Government
The Distribution of National Income
The Agents of Production
Who is father of modern economics?
Alfred Marshel
Adam Smith
