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Question

Classical Economics refers to the work in Economics during ___________ century.

A
1819
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B
1719
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C
1920
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D
2021
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Solution

The correct option is A 1819

This question explains classical economist as :Classical economics is a broad term that refers to the dominant school of thought for economics in the 18th and 19th centuries. Most consider Scottish economist Adam Smith the progenitor of the classical economic theory. However, Spanish scholastics and French physiocrats made earlier contributions.


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