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Economics > Unit 2 > Flashcards

Unit 2 Flashcards

1
Q

According to Deuteronomy 8:1-9, God was bringing the Israelites to a land in which they would not lack what?

A

anything

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2
Q

As a result of the famine in Egypt during the time of Joseph the Egyptians were required to give what fraction of their crops to Pharaoh?

A

1/5

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3
Q

Deuteronomy 8:18 says that God gave the Israelites the power to make what?

A

wealth

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4
Q

What were the Israelites commanded to do with their fields every seven years?

A

To let it rest and not plant any crops

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5
Q

In Leviticus 25:15, God explained that in acquiring land, the Israelites were actually buying what?

A

the right to raise a certain number of crops on it

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6
Q

Were the Israelites permitted to charge interest on loans made to their fellow countrymen?

A

no

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7
Q

What was used when determining the price required to redeem an Israelite who sold himself to a foreigner?

A

How close it was to the Jubilee

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8
Q

The Israelites were commanded to leave the gleanings of their field for whom?

A

The foreigners and poor

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9
Q

An employer was to pay his hired men when?

A

At the end of every day

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10
Q

God’s blessing of Israel was always dependent on what?

A

their faithfulness

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11
Q

Whom did the elders of Israel approach to ask for a king?

A

Samuel

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12
Q

List the things the Lord warned Israel in 1 Samuel 8:10-18 that a king would take from them

A
  1. sons and daughters
  2. the best of their fields, vineyards, and olive groves
  3. 1/10 of their seed and vineyards
  4. male and female servants
  5. best young men
  6. donkeys
  7. 1/10 of flocks
  8. he would make them servants (themselves)
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13
Q

In addition to wisdom, what did the Lord give Solomon?

A

riches and honor

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14
Q

Who told Solomon that his wisdom and prosperity exceeded the report she had heard about him?

A

the queen of Sheba

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15
Q

What kingdom experienced great prosperity especially in the early part of the eighth century BC?

A

the northern kingdom of Israel

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16
Q

Amos 6:2 accuses Israel of selling the needy for what?

A

a pair of sandals

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17
Q

The Old Testament phrase “every man under his vine and fig tree” is used to describe what?

A

Security, prosperity, freedom, and property rights

18
Q

Name 4 elements of the Biblical worldview according to Ronald Nash.

A

Owner and freedom, morality and sin

19
Q

What does Walter Williams say are the only two ways in which something may be exchanged?

A

peacefully or violently

20
Q

Does Nash believe that capitalism, socialism, or interventionism is the most moral system, the most effective system, and the most equitable system of economic exchange?

A

capitalism

21
Q

What is the most important attitude to have concerning financial matters?

A

humility

22
Q

What three things are mentioned in Proverbs 22:4 as being the reward of humility and the fear of the Lord?

A

Riches, honor, and life

23
Q

According to Proverbs 13:18, what will come to him who neglects discipline?

A

poverty and shame

24
Q

What does Proverbs 15:6 say is in the house of the righteous?

A

great wealth

25
Q

What does the writer of Ecclesiastes conclude about the activities which his hands had done and the labor he had exerted?

A

it was vanity and striving after the wind

26
Q

Before he saw their destruction, how did the Psalmist react to the prosperity of the wicked?

A

he was envious

27
Q

Proverbs 23:4-5 warns us not to weary ourselves to gain wealth and tells us to cease form what?

A

thinking about it

28
Q

Dave Thomas says that success comes through doing what?

A

the right things

29
Q

What are the 4 basic groups of Thomas’ ingredients for success?

A

Inward, outward, upward, and onward

30
Q

Who’s funeral did Thomas attend in Memphis in 1991?

A

Danny Thomas

31
Q

What does Proverbs 11:1 day is an abomination to the Lord?

A

a false balance

32
Q

According to Proverbs 11:1 what is a delight to the Lord?

A

a just weight

33
Q

What does Proverbs 22:7 say the borrower becomes?

A

the lender’s slave

34
Q

What is the modern term used for becoming surety for the debt of another?

A

co-signing for a loan

35
Q

In Proverbs 6, the writer tells his son not even to do what before he delivers himself from being surety for his neighbor?

A

sleep

36
Q

Proverbs 29:7 says that the righteous are concerned about the rights of whom?

A

the poor

37
Q

According to Proverbs 19:20, what will be the reward of the man who is gracious to a poor man?

A

God will repay him

38
Q

Proverbs 22:1 says that we should desire what more than great wealth?

A

a good name

39
Q

The writer of Proverbs 30:7-9 asks the Lord not to give him what or what?

A

poverty or riches

40
Q

What does Haggai 2:8 tell us belongs to the Lord?

A

gold and silver

Economics (56 decks)

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