Economics is best defined as the study of:
A. financial decision-making.
B. how consumers make purchasing decisions.
C. the choices made by people faced with scarcity.
D. inflation, unemployment, and economic growth.
Answer:C
Economics is best defined as the study of:
A. financial decision-making. B. how consumers make purchasing decisions. C. the choices made by people faced with scarcity. D. inflation, unemployment, and economic growth.