Which of the Following Is the Study of How a Society

question 151

Multiple Choice

Which of the following is the study of how a society uses scarce resources to produce and distribute goods and services?

• A) finance
• B) acculturation
• C) economics
• D) marketing

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Definitions:

Proportion

A statistic that indicates the fraction of the dataset that is part of a specific category or that possesses a certain attribute.

Simple Random Sample

A sampling method where each member of a population has an equal chance of being selected.

Tablet Computer

A portable computing device featuring a touchscreen interface and is larger than a smartphone but smaller than a laptop.

Odds

A ratio representing the probability that a particular event will take place compared to the probability that it will not.