Economics is a
A) hard science.
B) physical science.
C) natural science.
D) social science.
Correct Answer:
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Q23: Macroeconomics is the study of
A) aggregate economic
Q24: Wants are
A) another term for needs.
B) the
Q25: In economics
A) both resources and wants are
Q26: Economics is most precisely defined as
A) a
Q27: Which of the following is a characteristic
Q29: The primary objective of economics is
A) to
Q30: Microeconomics is defined as that part of
Q31: The basic economic problem is a situation
Q32: Because resources are scarce relative to wants,
Q33: Which of the following is NOT a
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