____________ defines economics as that body of knowledge that relates to wealth.

FA Walker

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JB Sen

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Paul Samulson

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Adam Smith

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Solution

The correct option is D Adam Smith
Adam Smith, the founder of economics, described it as a body of knowledge that relates to wealth. According to him if a nation has a larger amount of wealth, it can help in achieving its betterment. He defined economics as: “The study of nature and causes of generating of wealth of a nation”

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