Most goods in our economy are allocated in markets, where buyers pay for what they receive and sellers are paid for what they provide

Regression analysis splits people into groups, with each group containing identical people who

A) have different qualifications. B) do different work. C) are all of the same gender. D) None of the above are correct.

Economics is best defined as the study of how people, businesses, governments, and societies

A) choose abundance over scarcity. B) make choices to cope with scarcity. C) use their infinite resources. D) attain wealth.