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Answer to Question #261415 in Macroeconomics for Sai

Question #261415

What is economics




1
Expert's answer
2021-11-07T19:43:43-0500

Economics is the study of how individuals allocate resources to satisfy unlimited neeeds. It can also be define as the social science that deals with production ,distribution and consumption of goods and services. It studies how individuals, goverments , businesses and nations make choices about how to locate resources.


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