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Question

Who quoted "Political economy is the oldest of the arts and the newest of the scienceindeed the queen of social sciences"?

A
Adam Smith
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B
Marshall
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C
Robins
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D
Samuelson
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Solution

The correct option is B Samuelson
Paul A Samuelson was an American economist who described economics as a platform of growth and development of the economy through adoption of oldest economies and advanced technologies. He also proposed many theories on income and its even distribution and how these two factors leads to growth and development of the nation.

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