what is economics ?
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Answer:
into macroeconomics, which ... Economics is the study of how people allocate scarce resources for production
Explanation:
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Answer:
A standard definition of economics could describe it as: a social science directed at the satisfaction of needs and wants through the allocation of scarce resources which have alternative uses. We can go further to state that: economics is about the study of scarcity and choice.
Explanation:
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