In the Definition of Economics

question 266

Multiple Choice

In the definition of economics,

• A) both resources and wants are limited.
• B) both resources and wants are unlimited.
• C) resources are limited and wants are unlimited.
• D) resources are unlimited and wants are limited.

---

Definitions:

Synchrony

The simultaneous occurrence, operation, or action of two or more things.

Timing

The selection of the precise or opportune moment to perform an action, which can greatly affect the outcome of an event.

Effortful Control

The ability to regulate one's responses, including emotional and attentional self-regulation, particularly through the exertion of willpower.

Exuberance

The quality of being full of energy, excitement, and cheerfulness; a joyful enthusiasm for life.