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Question

_____________ is the main critic of welfare definition of Economics.

A
Lionel Robbins
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B
JF Kendy
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C
Samulson
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D
Alfred Marshall
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Solution

The correct option is A Lionel Robbins

Lionel Robbins is the main critic of welfare definition of Economics. According to him, welfare is a vague concept and it cannot be measured. Also welfare can mean different things to different people.
Economics includes a lot of aspects like national income, economic growth, etc. but this definition reduced it down to merely resource allocation.


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