Quiz for Document 21-1: David Ricardo, On Wages (1817)

Choose the best answer to each question.

  1. Document Link

    According to Ricardo, what are the inevitable consequences of a period in which the market price of labor exceeds the natural price of labor?

    A.
    B.
    C.
    D.

    According to Ricardo, what are the inevitable consequences of a period in which the market price of labor exceeds the natural price of labor?
  2. Document Link

    According to Ricardo, what happens when the market price of labor is lower than its natural price?

    A.
    B.
    C.
    D.

    According to Ricardo, what happens when the market price of labor is lower than its natural price?
  3. Document Link

    What role did Ricardo believe lawmakers should play in setting wages and aiding the poor?

    A.
    B.
    C.
    D.

    What role did Ricardo believe lawmakers should play in setting wages and aiding the poor?