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 Which of the following statements is incorrect?
  • a)
    Alfred marshall propagated the wealth definition of Economics 
  • b)
    L. Robbins introduced the “Scarcity” definition of Economics
  • c)
    Samuelson emphasized upon the “growth” aspect of Economics
  • d)
    A.C Pigou believed in “welfare” aspect of Economics
Correct answer is 'A'. Can you explain this answer?
Most Upvoted Answer
Which of the following statements is incorrect?a)Alfred marshall propa...
Concept of opportunity cost in Economicsc)Adam Smith is considered the father of modern Economicsd)Keynesian Economics emphasizes the role of government in stabilizing the economy.

a) Alfred marshall propagated the wealth definition of Economics is incorrect. Marshall proposed the concept of welfare definition of Economics, which focuses on the study of human welfare and well-being.
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Which of the following statements is incorrect?a)Alfred marshall propa...
A is incorrect because wealth defination of economics was given by Adam Smith.
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Which of the following statements is incorrect?a)Alfred marshall propagated the wealth definition of Economicsb)L. Robbins introduced the “Scarcity” definition of Economicsc)Samuelson emphasized upon the “growth” aspect of Economicsd)A.C Pigou believed in “welfare” aspect of EconomicsCorrect answer is 'A'. Can you explain this answer?
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Which of the following statements is incorrect?a)Alfred marshall propagated the wealth definition of Economicsb)L. Robbins introduced the “Scarcity” definition of Economicsc)Samuelson emphasized upon the “growth” aspect of Economicsd)A.C Pigou believed in “welfare” aspect of EconomicsCorrect answer is 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following statements is incorrect?a)Alfred marshall propagated the wealth definition of Economicsb)L. Robbins introduced the “Scarcity” definition of Economicsc)Samuelson emphasized upon the “growth” aspect of Economicsd)A.C Pigou believed in “welfare” aspect of EconomicsCorrect answer is 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is incorrect?a)Alfred marshall propagated the wealth definition of Economicsb)L. Robbins introduced the “Scarcity” definition of Economicsc)Samuelson emphasized upon the “growth” aspect of Economicsd)A.C Pigou believed in “welfare” aspect of EconomicsCorrect answer is 'A'. Can you explain this answer?.
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