Q. The Dutch man who shared the first Nobel Prize for Economics with Ragner Frisch of Norway:
Solution:
Ragnar Frisch delivered a substantial number of groundbreaking articles on econometrics, for which he was awarded the very first Nobel Prize in economics, which he shared with Dutchman Jan Tinbergen. During the Depression in the 1930s, Frisch was one of the first economists to endorse a proactive economic policy: increase demand by raising the level of government activity and hence public spending.
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