Economics Is a Social Science That Studies How Individuals, Institutions

question 45

Multiple Choice

Economics is a social science that studies how individuals, institutions, and society may:

• A) Expand the amount of resources available to them
• B) Attain a minimum level of production
• C) Best use resources to maximize satisfaction of economic wants
• D) Reduce the amount of goods and services they need

---

Definitions:

Leader Behavior

The actions, attitudes, and methods employed by a leader to influence a team's or organization's direction, culture, and performance.

Roles

Roles are defined as the set of responsibilities, behaviors, and tasks that are expected from an individual or a position within an organization or a group.

Mentor

An experienced and trusted advisor who provides guidance, support, and wisdom to a less experienced individual, known as a mentee.

Behaviorism

A theoretical approach that studies behavior through observation and empirical measurement, disregarding subjective mental states.