part-A Multiple Choice Questions
1. 'Economics is a study of mankind in
the ordinary business of life' - It is the
statement of
a. Adam Smith
b. Lionel Robbins
c. Alfred Marshall
d. Samuelson
Answers
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Answer:
c) Alfred Marshall
Explanation:
Political economy or economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing.
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