Medieval scholastics, early Islamic thinkers, and Aristotle all agreed that:

Related MCQs

• 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:
• What early philosopher described this type of developmental cycle: people move from a rural, nomadic society with little economic surplus to an agricultural society with greater economic surplus and population growth?:
• The word economics derives from an early Greek term that means management of a:
• Social welfare is maximized when a “hedonistic calculus” regulates all human action according to the interventionist “liberal”:
• The economic theorist who most vociferously opposed using “all else assumed constant” [ceteris paribus] assumptions when building theory was:
• The welfare of all means:
• The first comprehensive work on economics written in English was authored by Adam Smith in 1776 and entitled “An Inquiry into the Nature and Causes of the:
• Marginalism and the idea that pricing reflects marginal utility and demand was a movement away from:
• Nationalism, self-sufficiency, and imperial power were central concerns of:
• Supernatural power, divinity, and gifts of nature are integral to the explanations of economic events developed by: