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Economics Can Best Be Described as the Study Of

Question 62

Multiple Choice

Economics can best be described as the study of:


A) how to increase the level of productive resources so there is maximum output in society.
B) how to use productive resources to maximize income level.
C) how people,institutions,and society make choices under conditions of scarcity.
D) how business structures influence the allocation of income among firms.

Correct Answer:

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