The Subject of Economics Is Primarily the Study Of

question 11

Multiple Choice

The subject of economics is primarily the study of:

• A) the government decision-making process.
• B) how to operate a business successfully.
• C) decision-making because of the problem of scarcity.
• D) how to make money in the stock market.

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Definitions:

Intestate

Describes a person who dies without a will.

Decedent

The deceased person.

Escheat

Property of a decedent goes to the state if not disposed of by a will and if the decedent has no heirs.

Codicil

A supplemental modification of an existing will.