Which of the following most closely explains the purpose of economics as used by experts?
A. Experts use economics to explain why some people have greater wealth than others.
B. Experts use economics to explain what the government should do.
C. Experts use economics to explain why one choice is better than another.
D. Experts use economics to explain the choices we make and how these choices change as we cope with the demands of everyday life.
Answer: D. Experts use economics to explain the choices we make and how these choices change as we cope with the demands of everyday life.
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Indicate whether the statement is true or false
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A) equity B) consolidation C) discounted cash flow D) acquisition
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What will be an ideal response?