Which of the Following Is the Most Accurate Definition of Economics

question 35

Multiple Choice

Which of the following is the most accurate definition of economics?

• A)the study of how humans use potentially scarce resources to meet demand
• B)the study of tax laws,banking,and monetary policy
• C)the study of environmental systems and their monetary value
• D)the study of conversion of monetary units between nations
• E)the study of making money,goods,and services

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Definitions:

Bogie Centerline

The central longitudinal line that runs through the middle of a bogie, which is a wheel assembly found on trains or heavy land vehicles.

Sliding Fifth Wheel

A mechanism on a semi-trailer that allows for the adjustment of the weight distribution across its axles.

AWS E-7018

A specification for low-hydrogen, medium penetrating welding electrodes, ideal for structural steel welding with high tensile strength requirements.

MIG Weld

A welding process known as Metal Inert Gas Welding, which uses a continuously fed wire electrode and shielding gas to create a weld.