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Question

stated that the wealth of a country cannot grow without the proper utilisation of its resources.

A
Alfred Marshall
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B
Adam Smith
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C
Lionel Robbins
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D
Janet Yellen
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Solution

The correct option is B Adam Smith
Adam Smith was a Scottish economist and philosopher. He is considered as the father of economics. He defined economics as the science of wealth. Furthermore, he stated that the wealth of a country cannot grow without the proper utilisation of its resources.

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