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Wealth of an Economy

"Economics is...

Question

"Economics is a science to study human well-beings/welfare." Who has defined it?

A

Prof. Adam Smith

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B

Leonnel Robins

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C

Prof. Kemmerer

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D

Prof. Alfred Marshall

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Solution

The correct option is B Prof. Alfred Marshall
Prof. Alfred Marshall defined economics as "Economics is a science to study human well-beings/welfare."

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