Which of the following is the best definition of economics?

[newyorker26]

Which of the following is the best definition of economics?
◦ The study of how the government allocates tax revenue
◦ The study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided
◦ The study of how consumers spend their income
◦ The study of how firms decide what inputs to hire and what outputs to produce

[popopong]

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

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[newyorker26]

YES! Correct, THANKS for helping me on my review

[smrtceo]

Thanks for the timely response, appreciate it