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Question

Who of the following referred economics as the science of wealth?
(x) J.B. Say
(y) Walker
(z) Adam Smith
Select the correct answer from the options given below -

A
(X) only
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B
(Y) only
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C
(Z)
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D
All (X), (Y) & (Z)
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Solution

The correct option is D All (X), (Y) & (Z)

Adam Smith, J.B. Say and F.A. Walker defined economics as the science of wealth because according to them economics is the systematic study of how to generate wealth for individual as well as the nation.


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