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Question

_________ defined economics as "Science which deals with wealth".

A
J.B. Say
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B
A.C. Pigou
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C
Alfred Marshall
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D
Robbins
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Solution

The correct option is A J.B. Say

JB Say defined economics as "Science which deals with wealth". He also said that economics is a science of production, distribution, and consumption of wealth.
Like Adam Smith, he also supported the wealth definition of economics. These economists aim to study economics in terms of wealth and focused on how to increase wealth.


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