Which of the following defines economics? Economics is the social science that studies ___________. A. The best

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Which of the following defines economics?

Economics is the social science that studies ___________.

A. The best way of eliminating scarcity

B. The choices made to cope with scarcity, how incentives influence those choices, and how the choices are coordinated

C. How money is created and used

D. The inevitable conflict between self-interest and the social interest

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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