QUESTION IMAGE
Question
economics is
a. the study of how limited resources are allocated to satisfy unlimited wants
b. the study of how the stock market works.
c. the study of how unlimited resources are allocated to satisfy limited wants.
d. the study of money
Economics focuses on the allocation of scarce (limited) resources to meet unlimited human wants. The stock - market is just a part of finance related to economics, not the whole study. Resources are limited in the real world, not unlimited. And while money is an important aspect, economics is not just about the study of money.
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A. the study of how limited resources are allocated to satisfy unlimited wants