Question

Which describes a method for allocating scarce resources? ( it's D )

A) A business films a new commercial to reach a new market of customers.
B) A firm hires an workplace psychologist to study employees' motivation.
C) The Federal Reserve announces the latest rates of inflation for the 3rd quarter of 2018.
D) The Payne County Commission decides to distribute more property taxes to the Public School system for new computers.

Answer 1

The correct answer is letter D

Explanation: Economics is the science that is concerned with allocating scarce resources, guiding the choice of what, how and for whom to produce with theories and information.