Anushka posted an Question
March 30, 2021 • 05:34 am 30 points
  • UGC NET
  • Economics

I think the answer should be 3 but in answer key it's 2. can u pls confirm .

I think the answer should be 3 but in answer key it's 2. Can u pls confirm .

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  • Ravindra nath mahto Best Answer

    Always remember that A. C. Pigou was one of the major contributors in the field of Public Finance. Generally, such type of questions can be easily done by the elimination method even if we don't know about everyone but we know about anyone of them. We can understand it from the below discussion. In this case, as I mentioned that A. C. Pigou gave major contributions in Public Finance and only option (B) includes his name. So, the correct answer is option (B).

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    I thought since domar was involved in development economics so he can't be the answer. both Hansen and Lerner are involved in public finance. so that's why.

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    Yes Anushka, you are right that Domar had major contributions in the field of Economic Growth but he had also contributed in discussing the problems of Public Debt.

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