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What is economics?


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Answer:

Economics is the social science that studies the laws that govern the production, distribution, and consumption of goods and services, as well as the economic models and systems in which the various human economic activities are carried out.

User Burning
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Answer:

Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society.

Step-by-step explanation:

User Daniel Agans
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