1
Question
Who expressed the words "The range of our enquiry becomes restricted to that part of social welfare that can be brought directly or indirectly into relation with the measuring rod of money"?
Who expressed the words "The range of our enquiry becomes restricted to that part of social welfare that can be brought directly or indirectly into relation with the measuring rod of money"?
Open in App
Solution
The correct option is A A.C. Pigou
A C Pigou was an English economist who considered economics as the study of materialism due to its high focus on individual gains that were materialistic in nature. He defined economics as a relationship between
various economic variables like consumption, wealth, employment and output
during different situations in an economy such as inflation deflation etc.
A C Pigou was an English economist who considered economics as the study of materialism due to its high focus on individual gains that were materialistic in nature. He defined economics as a relationship between various economic variables like consumption, wealth, employment and output during different situations in an economy such as inflation deflation etc.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
