Who defines economic welfare as "that part of social (general) welfare that can be brought directly or indirectly into relation with the measuring rod of money."
A)Kaldor-Hicks
B)A. C. Pigou
C)Pareto
D)Prof . Bergson

Question

Quizplus · Accepted Answer

A. C. Pigou defined economic welfare as "that part of social (general) welfare that can be brought directly or indirectly into relation with the measuring rod of money." This definition is part of his broader work on welfare economics, where he explored how economic policies could affect social welfare.

Who Defines Economic Welfare as "That Part of Social (General)