write the definition of economics given by samuelson and Nord haus
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Samuelson and William D. Nordhaus, who define economics as follows in the 1998 edition of their well-known text, Economics: Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people.
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Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people.
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