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Question

___________ said law of economics are compared with the law of tides rather than the simple exact law of gravitation.

A
Alfred Marshall
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B
David Recardo
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C
Keynes
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D
Hicks
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Solution

The correct option is A Alfred Marshall

Alfred Marshall said law of economics are compared with the law of tides rather than the simple exact law of gravitation. This is because just like law of tides, where exact predictions are not possible, similarly economics cannot be predicted accurately as it may rise or fall before or after the predicted time due to unforeseen circumstances.


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