Economics is most importantly concerned with:
A)how to profit from trading in the stock market.
B)government taxation and spending.
C)studying how we allocate scarce resources to satisfy unlimited wants.
D)how to successfully launch a business.

Question

Economics is most importantly concerned with:
A)​how to profit from trading in the stock market.
B)​government taxation and spending.
C)​studying how we allocate scarce resources to satisfy unlimited wants.
D)​how to successfully launch a business.

Quizplus · Accepted Answer

Economics is the study of how we allocate scarce resources to satisfy unlimited wants. This involves analyzing production, distribution, and consumption of goods and services, as well as factors such as supply and demand, pricing, and economic policies. While topics such as stock market trading, government taxation and spending, and launching a business may fall under the broader umbrella of economics, they are not the primary focus.

Economics Is Most Importantly Concerned With