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Question
Paul A Samuelson has propounded what has come to be known as the __________ oriented definition of economics.
Paul A Samuelson has propounded what has come to be known as the __________ oriented definition of economics.
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Solution
The correct option is B growth
Paul A Samuelson was an American economists who proposed many theories on income and its even distribution and how these two factors leads to growth and development of the nation where one of his theories emphasized on establishment of an effective relationship between scarce resource and efficiency in the production of such resources so that all the human wants could be satisfied by the application of these scarce resources.
Paul A Samuelson was an American economists who proposed many theories on income and its even distribution and how these two factors leads to growth and development of the nation where one of his theories emphasized on establishment of an effective relationship between scarce resource and efficiency in the production of such resources so that all the human wants could be satisfied by the application of these scarce resources.
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