Economics quizzes for your enjoyment

[The Doctor]

So here are links to two quizzes. The long one is 25 questions (http://mises.org/quiz.aspx?QuizID=4)and takes every bit of an hour if you are not an econ junkie.
The short quiz is ten selected (http://mises.org/quiz.aspx?QuizID=5)of the 25 and may be more to your liking or timeframe.
I found that I'm 94% Austrian and 6% Chicago school, whatever that means. :D

It may shed some light on your notions about:

some from the short quiz--

What is the correct economic status of private property;
What is the proper method to conduct research in economic science;
What is the reason for the interest rate, and should it be regulated;
What is the economic impact of saving;
What is the source of economic value;
What is money and how does it originate;

and other questions.

Bon appetit! We'll be putting your noggins to use during the next four years if we all aren't steamrolled by socialism first :eek:

[acmanko]

just for fun I took the long test but , with out reading any of the answers I marked the first answer and got 49/100. i will post the results after they are sent.. next I will pick answer 2, then 3 then 1-4, 1-4 till I finish. then 4-1 till finished.

[glennac]

just for fun I took the long test but , with out reading any of the answers I marked the first answer and got 49/100. i will post the results after they are sent.. next I will pick answer 2, then 3 then 1-4, 1-4 till I finish. then 4-1 till finished.

Well let us know the final results when you finish sometime in February or March there ace we are waiting in nervous anticipation for your score and classification. I think you are keeping a copy of Das Kapital handy as a reference in case you get stumped. Good luck.:D:)

[fixacr]

just for fun I took the long test but , with out reading any of the answers I marked the first answer and got 49/100. i will post the results after they are sent.. next I will pick answer 2, then 3 then 1-4, 1-4 till I finish. then 4-1 till finished.

Forget the results. If you have enough spare time to do that, I want a job where you work.

[acmanko]

Forget the results. If you have enough spare time to do that, I want a job where you work.
no you don't, keep your nose to the grindstone

[mrs reb77]

Forget the results. If you have enough spare time to do that, I want a job where you work.

He's 'self-unemployed'.

[fixacr]

no you don't, keep your nose to the grindstone

All that has gotten me so far is a flat nose.

[acmanko]

just answered all questions with the 2nd choice
40/100 socialist

[acmanko]

answer 3 on all questions
37/100 Keynesian/Neoclassical

[acmanko]

answer 4
result 49/100 Chicago answer

[2cool4us]

:D
answer 4
result 49/100 Chicago answerThen how do you apply this to riverboat casino gambling economics??? :eek::eek::eek::D:D:D

[ga-hvac-tech]

Honestly, I used to read a lot of economic literature. I also used to have an Email friend that actually studied at the Austrian School in Auburn Alabama. He and I would discuss this stuff in detail, so I consider myself 'Austrian' in economic theory.

I scored 80/100. I must say it took some thought on a few of them, and I found myself questioning some ideas I have held for many years.

The theme of Austrian economics is to let the markets (which is really nothing more than all the people choosing for themselves) make decisions... and the government's job is to maintain an ABSOLUTE and EQUAL level playing field for ALL citizens (no exceptions). This is IMO the ultimate definition of 'the freedom of life, liberty, and the pursuit of happiness' in the constitution. (Lets remember that this freedom STOPS when that pursuit infringes on any other's same rights to life, liberty, and the pursuit of happiness). IMO herein lies the key; a sense of community where the greater good is equal (not more or less) important that the individual good.

I realize that this is great in theory, but probably would never happen in reality... due simply because: 'power corrupts, and the more power the more corruption'. We would need a government benevolent and truly not 'in it for the power and money'... find me anyone running for office that one could truly say that about... :confused:

[acmanko]

:DThen how do you apply this to riverboat casino gambling economics??? :eek::eek::eek::D:D:Ddivide it by half of the total of tribal casino gambling:eek: