Question

What is Economics?

DIRECTIONS: Modified True/False In the blank, indicate whether the statement is true (T) or false (F).
If false, edit the statement to make it a true statement.
1. Both goods and services are counted as wealth.
2. Scarcity is an economic problem with which all societies are faced.
3. People's needs are limited.
4. In all societies, the government decides what to produce.
5. Japan, with an aging population, has had difficulty replacing people with machines.

Answer 1

f

Step-by-step explanation:

economics is a science that studing human behaviour as a relationship between limited and unlimited which have alternative uses