[amp_mcq option1=”a-2, b-1, c-3, d-4″ option2=”a-4, b-2, c-1, d-3″ option3=”a-4, b-1, c-3, d-2″ option4=”a-3, b-2, c-1, d-4″ correct=”option1″]
The correct answer is: A. a-2, b-1, c-3, d-4.
a. Science of wealth: Marshall. Alfred Marshall was an English economist who is considered one of the most influential economists of the 19th century. He is best known for his work on the theory of value and distribution, and for his book “Principles of Economics”.
b. Science of welfare: Samuelson. Paul Samuelson was an American economist who won the Nobel Prize in Economics in 1970. He is considered one of the most influential economists of the 20th century. He is best known for his work on general equilibrium theory, and for his book “Economics”.
c. Science dealing with scarcity: Robbins. Lionel Robbins was an English economist who is considered one of the founders of modern microeconomics. He is best known for his work on the theory of choice, and for his book “An Essay on the Nature and Significance of Economic Science”.
d. Science of growth: Smith. Adam Smith was a Scottish economist and philosopher who is considered the father of modern economics. He is best known for his work on the theory of free markets, and for his book “The Wealth of Nations”.