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Home Questions QDEQ95PAJE
Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:

"Economics is the science of wealth". This statement was given by:-

Options:

Adam Smith.

Marshall.

Robbins.

Samuelson.

Correct Answer:

Adam Smith.

Explanation:

The correct answer is Option (1) → Adam Smith.

The statement, "Economics is the science of wealth," was given by Adam Smith. This definition is found in his famous work "An Inquiry into the Nature and Causes of the Wealth of Nations" (1776).

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