Economics is the study of

A. how much people should sell and the prices they should be willing to accept.
B. the allocation of the world's freely available resources and who should get them.
C. how much people should buy and the prices they should be willing to pay.
D. the allocation and use of scarce resources to satisfy unlimited human wants.

Answer: D

Economics

You might also like to view...

How does the Washington Consensus differ from the Santiago Consensus?

What will be an ideal response?

Economics

When interest rates go up, people are

a. more likely to borrow b. less likely to borrow c. does not affect a person's consumption d. None of the above

Economics