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Economics
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Complete the below statement:

Economics is a social science that studies how individuals, institutions, and society may _____________________.

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Richa Arora
Richa AroraLv10
23 Sep 2020

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Related questions

economics is a social science that studies how individuals, institutions, and society may:
 
a. businesses market products under competitive conditions.
b. stock and bond prices fluctuate when there are changes in demand or supply.
c. the government allocates its budget among competing political interests.
d. make choices that affect the allocation and distribution of scarce resources. 
e. high employment and low inflation levels can be maintained.
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Economics may best be defined as the:

a. Study of why people are rational.

b. Interaction between macro and micro considerations.

c. Social science concerned with how individuals, institutions, and society make optimal choices under conditions of scarcity.

d. Empirical testing of value judgments through the use of logic.

Economics may best be defined as the:

A. interaction between macro and micro considerations.

B. social science concerned with how individuals, institutions, and society make optimal choices under conditions of scarcity.

C. empirical testing of value judgments through the use of logic.

D. use of policy to refute facts and hypotheses 

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