History of Economic Thought practical answers

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Task 1.
You often make a purchase. Agree, the value of goods, the price for you is important. Studying the history of economic thought is important, therefore, not only for you as economically competent expert, but also for the literate consumer goods of appropriate quality and prices.
Answer, what direction in economic theory belongs to the following definition of prices: "The price - is the monetary expression of value of the goods."
1. neoclassical
2. Keynesian
3. Marxist
4. neoliberal
5. neoinstitutional
Task 2.
Money in our lives are important. They say - there are more than you earn, the better! Many theorists - economists have investigated the nature and value of money. Clarification by Friedman: the money supply should increase at a rate equal to?
1. The rate of growth of the price level
2. The rate of growth of the interest rate
3. The rate of growth of GDP
4. The rate of growth of the velocity of money
5. The rate of population growth
Task 3.
Who is the founder of the "American school" marginalism?
1. Dzh.B.Klark
2. A. Marshall
3. Pareto
4. L.Valras
5. Adam Smith
Task 4.
Who among economists defined wages as the cost of the necessary means of subsistence of the workers?
1. U.Petti
2. G.Ch.Keri
3. T.Maltus
4. Ricardo
5. K.Menger
Task 5.
Who among economists determined wages marginal product of labor?
1. A. Smith
2. F.Hayek
3. Dzh.B.Klark
4. A. Marshall
5. G.Gossen
Task 6.
In the transition of the Russian economy to a market economy sharply enough discussion about the purchase - sale of land. Along the way, addresses the problems of land inventory of rent relations. Economists - theoreticians previously discussed these issues.
Who among economists developed the theory of absolute ground rent?
1. U.Petti
2. A. Smith
3. F. Quesnay
4. Ricardo
5. Marx
Task 7.
Who among economists introduced in economics, the term "quasi-rent"?
1. A. Smith
2. Ricardo
3. M.Friedman
4. A. Marshall
5. P.Samuelson
Task 8.
Which scientist developed the "theory of long waves"?
1. ND Kondratyev
2. V. Leontyev
3. I.Pososhkov
4. Ricardo
5. LV Kantarovich
Task 9.
Check your erudition and answer who ushered in economic science, the term "monopsony"?
1. A. Marshall
2. Dzh.Keyns
3. P.Samuelson
4. E.Gemberlin
5. Dzh.Robinson

Task 10.
At the suggestion of the economist, the term "political economy" has been replaced by the term "economics"?
1. Dzh.B.Klarka
2. Dzh.M.Keynsa
3. A. Marshall
4. R.Kana
5. T.Veblena


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