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Question

Who 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 B Alfred Marshall
Dr. Marshall has devoted one chapter in his famous book “Principles of Economics” in discussing the nature of economic laws.
He writes, that
laws of economics are to be compared with the laws of tides rather than with the simple and the exact law of gravitation.


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