Which One of the Following Economists Is Best Known for His

question 101

Multiple Choice

Which one of the following economists is best known for his view that innovation by entrepreneurs is the major source of economic growth?

• A) Joseph Schumpeter
• B) Karl Marx
• C) Joan Robinson
• D) Alfred Marshall
• E) David Ricardo

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Definitions:

Extracellular Fluid Volume

The volume of fluid outside of cells in the body, which includes blood plasma, lymph, and interstitial fluid.

Postural Hypotension

Abnormally low blood pressure occurring when an individual assumes the standing posture; also called orthostatic hypotension.

Skin Turgor

The elasticity of the skin, often tested to assess hydration or the presence of edema.

Pitting Edema

A condition where pressure applied to the skin leaves an indentation, indicating fluid accumulation in the tissues.