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Which statement describes the term economics?

Which statement describes the term economics?
asked 134k views
2 votes
Which statement describes the term economics?

asked
User Alan Carlyle
by
8.5k points

2 Answers

1 vote

Answer:

It is the study of how people spend their money to fulfill wants and needs.

Step-by-step explanation:

answered
User Jim Rhoades
by
7.4k points
3 votes
The alternative uses for scarce resources.
answered
User Atish Agrawal
by
8.2k points
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