Economics Is the Study of

question 200

Multiple Choice

Economics is the study of

• A) how to own as many resources as possible.
• B) ceteris paribus.
• C) the way people think rather than the way they act.
• D) how people allocate their limited resources to satisfy their unlimited wants.

---

Definitions:

Evidence

Information or data that are systematically collected to support or refute a claim, theory, or conclusion.

Experts

Individuals with extensive knowledge or skill in a specific area or field, often gained through experience or education.

Unrelated Ideas

Concepts or thoughts that have no direct connection or relevance to each other.

Creative

Characterized by the ability or power to create or bring something new into existence, often through imaginative skill.