Multiple Choice
Who argued that national income is simply equal to "net product of agriculture"?
A) Mercantilists
B) Physiocrats
C) Classical Economists
D) Neo Classical Economists
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: As the value of MPC increases, the
Q8: Keynesian three sector model consist of:<br>A)Business sector,
Q9: Which one in the following is a
Q10: Functional relationship between saving and disposable income
Q11: Keynes considered subjective and objective factors:<br>A)Important determinants
Q13: Who among the following pioneered the first
Q14: Who made the first major attempt to
Q15: Why do not the sale or purchase
Q16: Which one of the following includes 'income
Q17: The value of 'intermediate goods' are excluded