Economics Is Best Defined as the Social Science That Studies

question 191

Multiple Choice

Economics is best defined as the social science that studies

• A)the way to eliminate choices in our decisions.
• B)how a person can get everything he or she wants.
• C)the choices that societies, and the people and institutions that make up societies, make in dealing with the issue of scarcity.
• D)how choices made in the social interest must conflict with choices made in the self-interest.
• E)the reason money exists.

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