Economics is the study of
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Economics can be defined in a few different ways. It's the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. It often involves topics like wealth and finance, but it's not all about money.
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Economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services
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