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1. which of the following statement is correct?
a.Robbins considered economics as a science of material welfare.
b.statistics studies the problem of every individual.
c. microeconomics studies problems of aggregates.
d. in modern age statistics is an automatic human welfare.
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What is the view of Robbins in defining economics?
Robbins' Definition. In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”
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