Question

1.The function of an economic system is to solve three basic problems.It has been stated by: a.Adam Smith ( ) b.Marshal ( ) c.Samuelson ( ) d.Robbins ​

Answer 1

adam smith

Adam Smith was a Scottish economist who proposed economics as the science of wealth and focused on wealth creation.

Alfred Marshall was a British economist who suggested that economics is the study of human and social welfare.

Lionel Robbins was a British economist who established the relationship between scarce resources, having alternative uses and unlimited human wants, requiring allocation of resources optimally.

Paul A Samuelson was an American economist who focused on the growth of the nation through efficiency in the satisfaction of wants through the use of scarce resources.

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Answer 2

Answer:

yes correct answer is

Adam Smith