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Federal Reserve Bank of Boston Economic Quiz

Famous Economic Statements - Who Said It?
1) "No generation has had the opportunity, as we now have, to build a global economy that leaves no-one behind. It is a wonderful opportunity, but also a profound responsibility."
Margaret Thatcher
Bill Clinton
Luiz Ignacio "Lula" da Silva
James Wolfensen
2) "We have always known that heedless self-interest was bad morals; we know now that it is bad economics. Out of the collapse of a prosperity whose builders boasted their practicality has come the conviction that in the long run economic morality pays."
Franklin D. Roosevelt
John F. Kennedy
Winston Churchill
Robert Mugabe
3) "I do not prize the word 'cheap.' It is not a badge of honor. It is a symbol of despair. Cheap prices make for cheap goods; cheap goods make for cheap men; and cheap men make for a cheap country."
Pat Buchanan
William McKinley
Jimmy Hoffa
Benito Mussolini
4) "The highest use of capital is not to make more money, but to make money do more for the betterment of life."
Friedrich Engels
Mohandas Gandhi
Mother Teresa
Henry Ford
5) "Defense is more important than opulence."
Friedrich List
Thomas Jefferson
Adam Smith
Hakeem Olajuwon
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Economic quiz written by: Eamon Aghdasi - August 2003
Views expressed in the economic quiz are those of the individual author.