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Economics is best defined as the study of A. how the government runs the financial system. B. how people allocate limited resources to satisfy unlimited wants. C. financial markets and making money. D.
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Economics is best defined as the study of A. how the government runs the financial system. B. how people allocate limited resources to satisfy unlimited wants. C. financial markets and making money. D. how to budget personal income.

User Rossp
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Answer: How people allocate limited resources to satisfy unlimited wants.

Step-by-step explanation:

Economics explains that man's needs are insatiable (this means it can't be completely met), and therefore an individual/entity has to make a scale of preference, to determine the most pressing needs to be met and forgo the others. Economics teaches Individuals on how to allocate resources to where they are most needed.

User Arjunaskykok
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