Which of the following statements best describes the study of economics? Economics studies how

A) to organize production so that scarcity does not occur.
B) firms make profits.
C) we make choices in the face of scarcity.
D) to create incentives so that scarcity does not exist.
E) businesses reach decisions.

C

Economics

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Describe the major spending categories and percentage for health care spending

What will be an ideal response?

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Carve-out accounts

A. applies only to workers between 65 and 69 years of age. B. take funds away from the traditional social security system. C. has a tax rate of no more than 16.9 percent. D. all of these answer options are correct.

Economics