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Question
Economics is defined as:a. The study of financial fluctuations within a particular society.
b. The study of the ways in which the choices people make combine to determine how their society uses resources for production and distribution.
c. The study of the interaction between culture, politics, and finances.
d. The study of how the financial market influences a society's financial and cultural elements.
e. The study of activities that affect distribution, exchange, and consumption.
Answer
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