6 Questions
In economics, what does 'father' represent?
Production
Which term is often referred to as the 'father' in economic theory?
Producer
What is the name of father in the economy?
Supply
What is inflation?
A general increase in prices and fall in the purchasing value of money
What impact does inflation have on consumers?
It erodes the purchasing power of consumers
Which measure is commonly used to track inflation?
Consumer Price Index (CPI)
Test your knowledge of the father of economics with this quiz. Answer questions about the prominent figures in the history of economics.
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