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Questions and Answers
Какая теория экономики была опровергнута в тексте?
Какая теория экономики была опровергнута в тексте?
Какие три фактора производства были выделены Жаном-Батистом Сеем?
Какие три фактора производства были выделены Жаном-Батистом Сеем?
Какой закон объясняет невозможность увеличения производства пищи на Земле, согласно Томасу Мальтусу?
Какой закон объясняет невозможность увеличения производства пищи на Земле, согласно Томасу Мальтусу?
Какие социальные реформы включало учение Джона Стюарта Милля?
Какие социальные реформы включало учение Джона Стюарта Милля?
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Какой вклад теория маржинальной полезности в экономику не включает?
Какой вклад теория маржинальной полезности в экономику не включает?
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Study Notes
- The theory of labor value is contradicted by the amount of money in circulation depending on the sum of commodity money.
- Jean-Baptiste Say identified land, labor, and capital as the three main factors of production.
- Thomas Malthus explained the impossibility of increasing food production on Earth due to the law of diminishing soil fertility.
- John Stuart Mill's doctrine of social reforms included the abolition of wage labor, socialization of land rent, and limiting wealth through inheritance restrictions.
- The contribution of the marginal utility theory to economics does not include the search for optimal results with unlimited resources.
- Karl Marx, David Ricardo, William Petty, and Alfred Marshall are associated with the study of economics.
- According to Ricardo's theory of land rent, bread prices are determined by the costs on relatively poor land.
- According to the Austrian school, the marginal utility of six units of good 1 and three units of good 2 will be five and seven units, respectively.
- Böhm-Bawerk's contribution to economics was the theory of capital and interest.
- Alfred Marshall introduced the concept of elasticity of demand and supply.
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Description
This quiz will test your knowledge of various economic theories and concepts, from the contributions of Karl Marx and Jean-Baptiste Say to the theories of land rent and marginal utility. Put your economics skills to the test and see how much you know about the foundations of modern economic thought. Keywords: economics, theories, concepts, Karl Marx, Jean-Baptiste Say, land rent, marginal utility.