Question

Choose the correct option:
1) Statements incorrect with reference to Adam
Smith's definition :
a) Adam Smith is a classical economist.
b) Wealth of Nations is authored by Adam Smith.
c) Economics is the science of wealth.
d) Economics studies common man.
Options:
1) D
2) A, B and C
3) A and D
4) C and D​

Answer 1

Answer:

1) D

but I think B is also incorrect I guess

but D is in correct

hope it works....

Answer 2

1.D Economics studies common man is the incorrect statement with reference to Adam Smith.

Explanation:

Adam Smith is one of the popular Scottish philosopher, economist and author of ‘Wealth of Nations’. Through his work. ‘Wealth of Nations’, Smith became one of the popular persons of his era making his work ‘bible of economics’.

His famous theory is – the invisible hand where he promotes free markets that can achieve stability by competition and aggressiveness. He is considered the father of economics.