Economics is best defined as
A) making choices with unlimited wants but facing a scarcity of resources.
B) how people make money and profits in the stock market.
C) making choices from an unlimited supply of goods and services.
D) controlling a budget for a household.
Correct Answer:
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Q24: Economics is best defined as the science
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Q26: Which of the following is a macroeconomic
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Q28: Which of the following is an example
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Q31: In part, microeconomics is concerned with
A) changes
Q32: The study of the choices made by
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Q34: Which of the following best defines the
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