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Question
National income is an income which can be measured in terms of money. This definition was given by which of the following economist ________.
National income is an income which can be measured in terms of money. This definition was given by which of the following economist ________.
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Solution
The correct option is B A.C. Pigou
Arthur Cecil Pigou was an
English economist from the University of Cambridge. His work mostly covered
welfare economy.
He gave the definition of national income as follows ‘National
income is an income which can be measured in terms of money.’
Arthur Cecil Pigou was an English economist from the University of Cambridge. His work mostly covered welfare economy.
He gave the definition of national income as follows ‘National income is an income which can be measured in terms of money.’
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