Adam Smith called price mechanism as (a) Invisible hands ; (b) Consumer sovereignty ; (c) Consumer liberty ; (d) Price regulation

Adam Smith called price mechanism as (a) Invisible hands ; (b) Consumer sovereignty ; (c) Consumer liberty ; (d) Price regulation
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Answer :

(a) Invisible hands ;
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The famous book “An enquiry into the nature and causes of wealth of Nation” was written by – (a) Adam Smith ; (b) Samulson ; (c) Robertson ; (d) JB Say

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----------is known as father of economics (a) Adam Smith ; (b) Professor A Samulson ; (c) Alfred Marshall ; (d) J R Hicks

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In free economy the decision about investment, saving and consumption are decided by (a) Price mechanism ; (b) Central bank ;(c) Planning Commission ;(d) Finance budget

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Did Adam Smith have any hobbies?

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Who Adam Smith is?

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Who Adam Smith is?

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Which statement reflects the best beliefs of Adam smith Tomas malthus and david ricardo?

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Adam Smith wrote The Wealth of Nations.?

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By whom was the autonomous investment separated from induced investment? (1) Schumpeter (2) Malthus (3) Joan Robinson (4) Adam Smith

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'Supply creates its own demand'. This statement is related to - (1) Prof. J.B. Say (2) John Robinson (3) Adam Smith (4) J.S. Mill

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The Ability Principle of Taxation is given by - (1) Adam Smith (2) Edgeworth (3) Joan Robinson (4) J.S.Mill

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J. B. Say's Law of Market was not accepted by - (1) Adam Smith (2) Marshall (3) Malthus (4) David Ricardo

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Which one of the following is not a 'canon of taxation' according to Adam Smith? (1) Canon of certainty (2) Canon of simplicity (3) Canon of convenience (4) Canon of economy

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The General Equilibrium Analysis" was developed by - (1) Marshall (2) Ricardo (3) Walras (4) Adam Smith

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The 'Canons of Taxation' were propounded by - (1) Edwin Canon (2) Adam Smith (3) J.M. Keynes (4) Dalton

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The father of Economics is - (1) Marshall (2) Adam Smith (3) J.M. Keynes (4) Karl Marx

Description : The father of Economics is - (1) Marshall (2) Adam Smith (3) J.M. Keynes (4) Karl Marx

Last Answer : (2) Adam Smith Explanation: Adam Smith is known as 'Father of Modern Economics,' He is best known for two classic works: The Theory of Moral Sentiments (1759), and An Inquiry into the Nature and Causes of the Wealth of Nations (1776).

Who said, "Economics is the Science of Wealth"? (1) Robbins (2) J.S. Mill (3) Adam Smith (4) Keynes

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The Liquidity Preference Theory of Interest was propounded by : (1) J.M. Keynes (2) David Ricardo (3) Alfred Marshall (4) Adam Smith

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