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Which one of the following is the most accurate definition of economics?a)Economics is the study of stocks and bonds.b)Economics is the study of how people allocate unlimited resources.c)Economics is the study of how consumers choose to spend their income.d)Economics is the study of how society chooses to allocate scarce resources.Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which one of the following is the most accurate definition of economics?a)Economics is the study of stocks and bonds.b)Economics is the study of how people allocate unlimited resources.c)Economics is the study of how consumers choose to spend their income.d)Economics is the study of how society chooses to allocate scarce resources.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following is the most accurate definition of economics?a)Economics is the study of stocks and bonds.b)Economics is the study of how people allocate unlimited resources.c)Economics is the study of how consumers choose to spend their income.d)Economics is the study of how society chooses to allocate scarce resources.Correct answer is option 'D'. Can you explain this answer?.

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