Which of the following best defines the subject of economics?
A) the study of choices that businesses make to maximize profit
B) the art of making money
C) the science that studies unemployment, inflation, and economic stability
D) the study of choices made to cope with scarcity
Correct Answer:
Verified
Q29: Economics is best defined as
A) making choices
Q30: Which term best describes the study of
Q31: In part, microeconomics is concerned with
A) changes
Q32: The study of the choices made by
Q33: The branch of economics that deals with
Q35: The fundamental questions in economics result from
A)
Q36: The study of economics
A) recognizes that scarcity
Q37: Economics is the study of
A) the distribution
Q38: Which of the following questions is a
Q39: An example of a question that might
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