Match the following :(a) General theory of Employment Interest and Money (i) P. Samuelson (b) Surplus…
J.M. Keynes authored the General Theory of Employment, Interest and Money; Karl Marx developed Surplus value; P. Samuelson introduced Revealed Preference theory; Walras…
Choose your answer
Match the following :
Code in order (a), (b), (c), (d):
| (a) General theory of Employment Interest and Money | (i) P. Samuelson |
| (b) Surplus value | (ii) J.M. Keynes |
| (c) Revealed Preference theory | (iii) Walras |
| (d) General equilibrium | (iv) Harsen |
| (v) Karl Marx |
Answer and explanation
Correct answer B
J.M. Keynes authored the General Theory of Employment, Interest and Money; Karl Marx developed Surplus value; P. Samuelson introduced Revealed Preference theory; Walras developed General equilibrium. The matching is (ii), (v), (i), (iii). (i), (ii), (iii), (iv); (iv), (i), (ii), (v); and (iii), (iv), (v), (i) misattribute those contributions.
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UGC NET Economics