Lionel Robbins has offered the most scientific definition in his famous book, titled "_______________".

An Essay on the Nature and Causes of the Wealth of Nations

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An Essay on the Principles of Economics

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An Essay on the Nature and Significance of Economic Science

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An Enquiry into the Nature and Cause of the Wealth of Nations

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Solution

The correct option is C An Essay on the Nature and Significance of Economic Science
Lionel Robbins was a British economist who published a book "An Essay on the Nature and Significance of Economic Science" where he described economics as a scientific study to establish a relationship between scarce means, having alternative uses, and unlimited wants.

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The book ‘Essay on the Nature and Significance of Economic Science’ was published in which year?

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