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Thanks. I did terrible, but enjoyed it greatly. A few things.
The tariff was properly called Hawley-Smoot (marked incorrect). Only in popular culture did it become Smoot-Hawley because Sen. Smoot was the driver of the issue.
Also Keynes equated savings and investment and treated them differently. He often confused concepts. In his General Theory you can find both.
He wrote the final exam, along with the 12 preceding chapter quizzes. They can all be found here.
The tariff was properly called Hawley-Smoot (marked incorrect). Only in popular culture did it become Smoot-Hawley because Sen. Smoot was the driver of the issue.
I didn’t know that and went by the title for the tariff used by Rothbard in AGD. However, thanks to you, I have edited the quiz to accept Hawley-Smoot as an acceptable alternative. Please give yourself an additional 4 percent….
72%. Well, not having had the chance yet to read any of Murray’s actual works, I guess that’s an acceptable score, for a pre-test. Now I know where to focus the most review attention. ~
76%. Never read the book. First time I’d even heard of Austrian Economics was two years ago. Perhaps a demonstration that Austrian Economics intuitive.
Yeah, but most of this is more history than economics, and part of it requires knowledge of fallacious Keynesian arguments or financial (as opposed to economic) jargon.
Got 68%, by the way; planning to read AGD within the next few weeks.
I got 70% during the first try and 96% during the second. But I guess the second one does not count. But still a quiz is a fun way to learn new things.
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I get an error after putting in my name.
Your efforts are vigorously embraced, Brother Tuck. Thank you!
Dang, 68%. Epic fail. Well, considering I didn`t read the book…
What’s this about Vox Day?
68%!? Well that’s what I get for spelling Smoot-Hawley wrong
http://caps.fool.com/blogs/viewpost.aspx?bpid=141263&t=01007146184382914537
Great videos too.
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Yaei,
I got 84 % and didn’t even read the book. I guess I’ve been too often at mises.org during my work day.
Q.23) Following President Hoover’s tax increases, total Federal revenue decreased 12 percent in 1932.
I’m not sure what process I’m supposed to understand here…
Well, I didn’t do so well on the quiz, partially because I misspelled the tariff. I put Smoot-Hawtley. Epic fail.
Love the quiz
Total failure, no love for quizzes.
Thanks. I did terrible, but enjoyed it greatly. A few things.
The tariff was properly called Hawley-Smoot (marked incorrect). Only in popular culture did it become Smoot-Hawley because Sen. Smoot was the driver of the issue.
Also Keynes equated savings and investment and treated them differently. He often confused concepts. In his General Theory you can find both.
All these points about the misspellings are smoot points.
Sorry, I had to go for the pun.
What’s this about Vox Day?
He wrote the final exam, along with the 12 preceding chapter quizzes. They can all be found here.
The tariff was properly called Hawley-Smoot (marked incorrect). Only in popular culture did it become Smoot-Hawley because Sen. Smoot was the driver of the issue.
I didn’t know that and went by the title for the tariff used by Rothbard in AGD. However, thanks to you, I have edited the quiz to accept Hawley-Smoot as an acceptable alternative. Please give yourself an additional 4 percent….
Got 84%. It’s been a while since I read AGD.
72%. Well, not having had the chance yet to read any of Murray’s actual works, I guess that’s an acceptable score, for a pre-test. Now I know where to focus the most review attention.
~
76%. Never read the book. First time I’d even heard of Austrian Economics was two years ago. Perhaps a demonstration that Austrian Economics intuitive.
Yeah, but most of this is more history than economics, and part of it requires knowledge of fallacious Keynesian arguments or financial (as opposed to economic) jargon.
Got 68%, by the way; planning to read AGD within the next few weeks.
An 80%, but I would have scored 100% if I had gone with my gut.
I got 70% during the first try and 96% during the second. But I guess the second one does not count. But still a quiz is a fun way to learn new things.
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