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How do we define the study of economics? The study of how society deals with scarcity by making choices ( how society manages its scarce

How do we define the study of economics?

The study of how society deals with scarcity by making choices

(

how society manages its scarce resources

)

The study of stocks, bonds, and taxes

The study of business transactions in terms of money

The study of how businesses use promote and sell goods and services

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