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Tests Which economic school do you belong to? Classical Politics Knowledge Quizzes, Trivia, IQ Tests
Knowledge Quiz based upon Which economic school do you belong to?, the Politics selector quiz by thisguy.
Test your knowledge of:
Classical
Show what you know by answering true or false to the following. Answer ''false'' if neither applies or you're not sure. Your score will be calculated on the next page.
Your first question is below.

TRUE
FALSE

Are workers getting cheated out of their fair share of profits from their labor?

TRUE
FALSE

Should there be regulations that ensure transparency and improve information (i.e. nutrition facts, etc)?

TRUE
FALSE

Should there be regulations that restrict voluntary exchange?

TRUE
FALSE

Should the government exist?

TRUE
FALSE

Do we need the gold standard?

TRUE
FALSE

Should the Federal Reserve be abolished, and replaced with a steady rate of inflation?

TRUE
FALSE

Should the Federal Reserve have an active role (as it does now)?

TRUE
FALSE

Is class struggle necessary?

TRUE
FALSE

Is protectionism necessary to protect the national economy permanently?

TRUE
FALSE

Is temporary protectionism necessary in order to build up national industries, so they'd be able to compete worldwide?

TRUE
FALSE

Should there be unrestricted free trade?

TRUE
FALSE

Should there be a minimum wage?

TRUE
FALSE

Should there be a maximum wage?

TRUE
FALSE

Should there be progressive taxation?

TRUE
FALSE

Is the value of goods directly dependent on the labor needed to produce them?

TRUE
FALSE

Is the value of goods subjective?

TRUE
FALSE

Do taxes have large distortive effects?

TRUE
FALSE

Are Pigovian taxes a good idea?

TRUE
FALSE

Should the government pursue countercyclical policy with deficit spending?

TRUE
FALSE

Should the government pursue countercyclical policy by cutting taxes?

TRUE
FALSE

Should the government pursue countercyclical policy by cutting interest rates during recessions?

TRUE
FALSE

Is there a long-run trade-off between inflation and unemployment?

TRUE
FALSE

Should economic research be done primarily mathematically?
Now that you have answered all the questions, continue to the Show Me My Score button below.

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