What is the term used to describe the study of how individuals and societies allocate their limited resources to satisfy their unlimited wants?
A. Microeconomics
B. Macroeconomics
C. Econometrics
D. Behavioral economics
Answer:A
What is the term used to describe the study of how individuals and societies allocate their limited resources to satisfy their unlimited wants?
A. Microeconomics B. Macroeconomics C. Econometrics D. Behavioral economics