Multiple Choice
Economics is the study of
A) how to own as many resources as possible.
B) ceteris paribus.
C) the way people think rather than the way they act.
D) how people allocate their limited resources to satisfy their unlimited wants.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q195: Which of the following statements is TRUE
Q196: In building a model to analyze economic
Q197: Economics is best defined as the<br>A) study
Q198: Which of the following is a characteristic
Q199: "If the United States enters a war
Q201: What is the type of economic system
Q202: Analysis that involves value judgments about economic
Q203: What is meant by the term "incentives,"
Q204: A positive economic statement is one that<br>A)
Q205: The use of data in economic models