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Q. |
Who said, "Economics is the Science of Wealth"? |
A. | Robbins |
B. | J.S. Mill |
C. | Adam Smith |
D. | Keynes |
Answer» C. Adam Smith | |
Explanation: It was Adam Smith who conceptualized Economics as a science of wealth. Elaborating upon the scope and fundamental conceptualizations of the new science, he then called political economy as "an inquiry into the nature and causes of the wealth of nations." |
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