Multiple choice

The Royal Swedish Academy of Sciences announced Elinor Ostrom & Oliver E. Williamson as winners of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (commonly known as Nobel Economics Prize) for 2009. Which of the following statements about Nobel Economics Prize is/are correct? I. The Prize was first awarded in 1969 II. The youngest Laureate is Leonid Hurwicz, who was 51 years old when he was awarded in 1972 III. The oldest Laureate to date is Kenneth J. Arrow, who was 90 years old when he was awarded in 2007

  1. I only

  2. II only

  3. I and II only

  4. II and III only

  5. I, II and III
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

To date, the youngest Laureate in Economic Sciences is Kenneth J. Arrow, who was 51 years old when he was awarded in 1972. The oldest Laureate in Economic Sciences to date is Leonid Hurwicz, who was 90 years old when he was awarded in 2007. Hurwicz is also the oldest Laureate to be awarded the Nobel Prize in all Prize areas

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