PPSC Economics Ch 14 History Of Economics Thought MCQS

PPSC Economics Chapter 14 History Of Economics Thought

Sr. #	Questions	Answers Choice
1	Of the following the thinkers who viewed markets most favorably and who would consequently have been least likely to condemn payments of interest as immoral or unjustified by productivity would have been.	Richard Cantillon and Francois Quesnay Aristotle and Plato Thomas Aquinas and Albertus Magnus Ibn kaldur and Bu Hamid al ghazali
2	The ancient Greek philosopher who tried to analyze isolated exchange because markets with standardized products were relatively rare during his are was.	Plato Aristotie Euclid Protagoras
3	In his description of an idealized city state Plato did not advocate.	Class specialization Self regulation of markets Flat money to facilitate exchange That all philosopher king rulers embrace communist styles of living.
4	The notation that communism should be imposed on a nation's rulers so that they would neither be tempted by possessions nor diverted from the task of wise governance was proposed by.	Plato Aristotle Xenophon Protagoras
5	The cliche that "The punishment should fit the crime " originated in the writings of.	Plato Thomas Aquinas Jeremy Benithm David hume
6	The word economics derives from an early Greek term that means management of a.	Business Government House hold Financial institution