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Question

"All that have got value are called wealth" is the statement of _____.

A
Adam Smith
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B
J.M. Keynes
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C
Marshall
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D
None of the above
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Solution

The correct option is B J.M. Keynes

John Maynard Keynes, was a British economist. His ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and is widely considered to be one of the most influential economists of the 20th century and the founder of modern macroeconomics.


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