which of the following best describes economics? the study of ecologically sustainable alternatives to the…

which of the following best describes economics? the study of ecologically sustainable alternatives to the use of scarce resources the study of money using the principles of both finance and accounting the study of allocating scarce resources to satisfy an unlimited amount of wants and needs the study of the banking system and government systems

which of the following best describes economics? the study of ecologically sustainable alternatives to the use of scarce resources the study of money using the principles of both finance and accounting the study of allocating scarce resources to satisfy an unlimited amount of wants and needs the study of the banking system and government systems

Answer

Brief Explanations:

Economics is the social - science discipline that focuses on the allocation of scarce resources to satisfy unlimited wants and needs. The first option is more related to environmental studies, the second is more finance - accounting related, and the fourth is too narrow as it only focuses on banking and government systems.

Answer:

the study of allocating scarce resources to satisfy an unlimited amount of wants and needs