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Economics is best defined as the study of how a. individuals decide to use scarc

ID: 1222482 • Letter: E

Question

Economics is best defined as the study of how

a.

individuals decide to use scarce resources in an attempt to satisfy their unlimited wants

b.

to make money

c.

the government should deal with unemployment and inflation

d.

to eliminate the problem of scarce resources

e.

to run a business

a.

individuals decide to use scarce resources in an attempt to satisfy their unlimited wants

b.

to make money

c.

the government should deal with unemployment and inflation

d.

to eliminate the problem of scarce resources

e.

to run a business

Explanation / Answer

individuals decide to use scarce resources in an attempt to satisfy their unlimited wants

individuals decide to use scarce resources in an attempt to satisfy their unlimited wants