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Economics Is Best Defined as the Social Science That Studies

Question 191

Multiple Choice

Economics is best defined as the social science that studies


A) the way to eliminate choices in our decisions.
B) how a person can get everything he or she wants.
C) the choices that societies, and the people and institutions that make up societies, make in dealing with the issue of scarcity.
D) how choices made in the social interest must conflict with choices made in the self-interest.
E) the reason money exists.

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