Which of the Following Is the Best Definition of Economics

question 35

Multiple Choice

Which of the following is the best definition of economics?

• A) Assets that can be traded for different assets
• B) Income and outgo of monies
• C) Science of allocation of resources
• D) Study of goods, services, talents, and transportation

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Definitions:

Great War

Another term for World War I, a global conflict that lasted from 1914 to 1918, primarily involving European powers along with various other global territories.

British Women

Individuals who are female and hail from or are citizens of the United Kingdom, encompassing England, Scotland, Wales, and Northern Ireland.

Great War

Another name for World War I, a global conflict that occurred from 1914 to 1918 involving many of the world's great powers, marked by massive casualties and extensive trench warfare.

Alexander Kerensky

A key political leader during the Russian Provisional Government of 1917, who played a significant role in the events leading up to the Bolshevik Revolution.