Who argued that “Everything that is produced in the course of a year, every service rendered, every fresh utility brought about is a part of the national wealth.”?

Related MCQs

• When Total utility is increasing at an decreasing rate, marginal utility is
• When Total Utility is maximum, Marginal Utility is :
• When Marginal Utility is negative, Total Utility:
• Who argued that national income is simply equal to “net product of agriculture”?
• In the 19th century _________ argued that ideas pass through three rising stages namely, Theological, Philosophical and Scientific.
• When individuals income falls (everything remain the same) his demand for an inferior good
• When individuals income rises (everything remain the same) his demand for a normal good
• When individuals income falls (everything remain the same) his demand for a normal good
• A fall in the price of the commodity holding everything else constant results in:
• When an individual’s income rises, when everything else remains the same, his demand for normal goods: