Keynes: Capitalism is an extraordinary belief

MIRA: Grapes lower blood pressure and is also a zero rated GST fruit

Alfred Marshall: Capital is that part of wealth which is devoted to obtaining further wealth

Keynes: What if farming were to be organised like the stock market?

MIRA: Remittance tax is collected by banks and money transfer agencies from money sent abroad by expatriates

Alfred Marshall: In common use almost every word has many shades of meaning

Keynes: The biggest problem is not to let people accept new ideas

Alfred Marshall: The most valuable of all capital is that invested in human beings

Keynes: All production is for the purpose of ultimately satisfying a consumer

Alfred Marshall: Civilized countries generally adopt gold or silver or both as money

Keynes: It's not bringing in the new ideas that's so hard

Alfred Marshall: Knowledge is our most powerful engine of production

Keynes: In the long run we are all dead

Alfred Marshall: Economics is a study of mankind in the ordinary business of life

Keynes: The day is not far off when the economic problem will take the back seat

Alfred Marshall: Who is the most reckless and treacherous of all theorists?

Economist: Adam Smith

Adam Smith FRSA was a Scottish moral philosopher, pioneer of political economy, and a key figure in the Scottish Enlightenment. Born: June 16, 1723, Kirkcaldy, United Kingdom Died: July 17, 17…

Grade 08: My First 20 Questions

MY FIRST 20 QUESTIONS Grade: 08            Date:  Due on:  Class: Index: Name: Answer the following 20 Questions. 1.      What is meant by Economics? 2.      What i…

Alfred Marshall: Nothing is gained in the long run by pretending that it is simple

Alfred Marshall: The love for money is only one among many

MCQ: November 2012-P1 / Question 01