Notable Economists – India and World

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96. Who is known for the theory of “creative destruction” in economics?
a) Joseph Schumpeter
b) John Nash
c) Kenneth Arrow
d) Oliver Williamson

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97. Who is known for the concept of “human capital” in economics?
a) Gary Becker
b) Robert Shiller
c) Elinor Ostrom
d) Amartya Sen

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98. Who is known for the theory of “imperfect competition” in economics?
a) Joan Robinson
b) Milton Friedman
c) Ronald Coase
d) Paul Romer

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99. Who is known for the concept of “liquidity preference” in economics?
a) John Maynard Keynes
b) Paul Samuelson
c) Milton Friedman
d) Robert Solow

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100. Who is known for the theory of “rent-seeking” in economics?
a) Gordon Tullock
b) James Buchanan
c) Robert Shiller
d) Joseph Stiglitz

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