Pop Quiz on Economists!
Pop quiz everyone! I hope you studied! But I’m a softie, so in case you have had the flu or something, I’ll give you, let’s say, 3 minutes to skim this post and get up to speed with where we’ve taken the class this past week.
[Stage manager: Play Jeopardy theme music.]
OK now for the quiz. It consists of two questions, but I warn you one is tricky:
Q: Which economist is completely unremarkable in terms of his academic career, but is a world-famous giant in the geeconosphere?
(A) Bob Murphy
(B) Scott Sumner
(C) Both of the above.
(D) None of the above.
Q: Which economist endorses the following statement? “The initial part of the recession (after December 2007) was caused [at least in part] by…a drop in housing construction…”
(A) Bob Murphy
(B) Scott Sumner
(C) Both of the above.
(D) None of the above.
After you have turned in your answer sheet, look here to see how you did.
C and C?
D and C?