Metaphysics and Economics Online Test

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Metaphysics and Economics

Description: Metaphysics and Economics Quiz
Number of Questions: 14
Created by: Aliensbrain Bot
Tags: metaphysics economics philosophy

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Which philosopher is known for his work on the metaphysics of economics?

Aristotle
Plato
David Hume
Ludwig Wittgenstein

What is the primary focus of the metaphysics of economics?

The nature of economic value
The relationship between economics and ethics
The role of government in the economy
The impact of economic policies on society

According to Hume, what is the source of economic value?

Labor
Scarcity
Utility
Demand

What is the relationship between economic value and scarcity?

Scarcity is a necessary condition for economic value
Scarcity is a sufficient condition for economic value
Scarcity is unrelated to economic value
Scarcity is the only determinant of economic value

What is the role of government in the economy, according to the metaphysics of economics?

To regulate the economy
To provide public goods and services
To redistribute wealth
All of the above

Which of the following is NOT a metaphysical question about economics?

What is the nature of economic value?
What is the relationship between economics and ethics?
What is the role of government in the economy?
What is the impact of economic policies on society?

What is the relationship between metaphysics and economics?

Metaphysics is a branch of economics
Economics is a branch of metaphysics
Metaphysics and economics are unrelated
Metaphysics provides the foundation for economics

Which philosopher argued that economic value is subjective and depends on the individual's preferences?

Aristotle
Plato
David Hume
Ludwig Wittgenstein

What is the relationship between economic value and objective properties of goods and services?

Economic value is determined solely by objective properties
Economic value is determined solely by subjective preferences
Economic value is determined by both objective properties and subjective preferences
Economic value is unrelated to objective properties and subjective preferences

Which of the following is NOT a metaphysical assumption of economics?

The existence of scarcity
The rationality of economic agents
The existence of objective economic value
The role of government in the economy

What is the relationship between metaphysics and economic policy?

Metaphysics has no influence on economic policy
Metaphysics provides the foundation for economic policy
Metaphysics is used to justify economic policies
Metaphysics is used to evaluate the effectiveness of economic policies

Which of the following is NOT a metaphysical question about economic policy?

What is the best way to allocate scarce resources?
What is the role of government in regulating the economy?
What is the impact of economic policies on society?
What is the nature of economic value?

What is the relationship between metaphysics and economic methodology?

Metaphysics has no influence on economic methodology
Metaphysics provides the foundation for economic methodology
Metaphysics is used to justify economic methodologies
Metaphysics is used to evaluate the effectiveness of economic methodologies

Which of the following is NOT a metaphysical assumption of economic methodology?

The existence of scarcity
The rationality of economic agents
The existence of objective economic value
The role of government in the economy

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