Economics Is Best Defined as the Social Science That Studies

question 222

Multiple Choice

Economics is best defined as the social science that studies

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

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Definitions:

Acetaldehyde

A volatile, flammable, and colorless liquid compound that is an intermediate in the production of acid and alcohol metabolism.

Endergonic

Describes a reaction that requires a net input of free energy.

Protein Synthesis

The process by which cells build proteins based on the genetic information carried in DNA and transported by RNA.

Digestion

Breakdown of food into its chemical components.