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Question

_________ propounded growth concept of economics.

A
JF Kendy
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B
JN Keynes
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C
Stonier
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D
A Samulson
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Solution

The correct option is A A Samulson
Paul Anthony Samuelson was an American economist. He stated the growth concept of economics. Economic growth refers to a situation when inflation-adjusted market prices of goods and services increase. It is measured in terms of real GDP where to measure economic growth the base price is taken into account.

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