Question: Among the following, who gave the welfare-oriented definition of economics?
(1) Adam Smith
(2) A. C. Pigou
(3) Alfred Marshall
(4) L. Robbins
Correct Answer: (2) A. C. Pigou
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Question: Among the following, who gave the welfare-oriented definition of economics?
(1) Adam Smith
(2) A. C. Pigou
(3) Alfred Marshall
(4) L. Robbins
Correct Answer: (2) A. C. Pigou