Economics Is Best Described as the

question 84

Multiple Choice

Economics is best described as the

• A)study of choice when scarcity exists
• B)study of the production of goods and services
• C)theory of consumer behavior
• D)science of money
• E)art of spending money wisely

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Definitions:

Freedoms of Religion

The right to practice any religion of one's choice or to live without following any religion.

Peaceful Assembly

The right to hold public meetings and demonstrations without fear of disturbance or prohibition.

Majority Opinion

The judicial opinion agreed upon by more than half of the members of a court, setting forth the decision of the court and an explanation.

Concurring Opinion

An additional opinion in a court case that agrees with the majority decision but offers different reasoning or emphasizes a particular point.