Question

Match the following:

(P)	Adam Smith	(i)	Scarcity definition
(Q)	Marshall	(ii)	Growth definition
(R)	Robbins	(iii)	Wealth definition
(S)	Samuelson	(iv)	Welfare definition

Select the correct answer from the options given below -

• A. (P)-(ii), (Q)-(iii), (R)-(iv), (S)-(i)
• B. (P)-(i), (Q)-(iii), (R)-(ii), (S)-(iv)
• C. (P)-(ii), (Q)-(iv), (R)-(iii), (S)-(i)
• D. (P)-(ii), (Q)-(iv), (R)-(i), (S)-(ii)

Answer 1

The correct option is D (P)-(ii), (Q)-(iv), (R)-(i), (S)-(ii)

In the question option ‘D’ is correct because :“an inquiry into the nature and causes of the wealth of nations.”-Adam smith:-it is growth orienteddefinition.Marshall defines economics as “a study of men as they live and move and think in the ordinary business of life.” He argued that economics, on one side, is a study of wealth and, on the other, is a study of man. Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”, According to Samuelson, 'Economics is a social science concerned chiefly with the way society chooses to employ its resources