16. Who is known for the concept of “bounded rationality” in economics?
a) Herbert Simon
b) Milton Friedman
c) Ronald Coase
d) Paul Romer
17. Who is known for the theory of “creative economics” and the concept of “economic complexity”?
a) Dani Rodrik
b) Esther Duflo
c) Abhijit Banerjee
d) Angus Deaton
18. Who is the author of the book “The Wealth of Nations”?
a) Karl Marx
b) Friedrich Hayek
c) Adam Smith
d) John Kenneth Galbraith
19. Who developed the concept of “human capital” in economics?
a) Gary Becker
b) Robert Solow
c) Oliver Williamson
d) Paul Krugman
20. Who is known for the theory of “rational choice” in economics?
a) Paul Samuelson
b) Robert Lucas Jr.
c) Joseph Schumpeter
d) Friedrich Hayek