Economics is best described as the study of
A) how to be successful in the stock market.
B) how people allocate resources to try and satisfy their wants.
C) how people should spend their incomes.
D) why people choose certain goods and services rather than others.
Correct Answer:
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Q28: Which of the following is a factor
Q29: The primary goal of economics is to
Q30: Microeconomics is the study of
A)the behaviour of
Q31: The income that is earned when land
Q32: Human capital includes
A)money held by people rather
Q34: Human resources that organize,manage,and assemble the other
Q35: Microeconomics is the part of economic analysis
Q36: The income that is earned by entrepreneurs
Q37: The income that is earned when capital
Q38: When an economist refers to land as
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