GK
BUSINESS ECONOMICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
This economist believes that economics is the not only the study analysing the economic problems but also suggesting ways to attain higher standard of living.
|
|
Paul Samuelson
|
|
|
J.M. Keynes
|
|
|
Lionel Robbins
|
|
|
Adam Smith
|
Explanation:
Detailed explanation-1: -John Maynard Keynes (1883–1946), one of the greatest economists of the twentieth century, pointed out that economics is not just a subject area but also a way of thinking.
Detailed explanation-2: -He was author of the best-selling economics textbook of all time: Economics: An Introductory Analysis, first published in 1948. It was the second American textbook that attempted to explain the principles of Keynesian economics. It is now in its 19th edition, having sold nearly 4 million copies in 40 languages.
Detailed explanation-3: -Economics is the study of mankind in the ordinary business of life.-Alfred Marshall.
There is 1 question to complete.