Wealth is a means for obtaining material gains in human life. Wealth is of no meaning if it cannot give any material benefits to humankind. These two statements demonstrate ___________. a. Wealth definition of economics b. Welfare definition of economics c. Scarcity definition of economics d. Political economics

Wealth is a means for obtaining material gains in human life. Wealth is of no meaning if it cannot give any material benefits to humankind. These two statements demonstrate ___________. a. Wealth definition of economics b. Welfare definition of economics c. Scarcity definition of economics d. Political economics

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter1: The Role And Method Of Economics

Section: Chapter Questions

Problem 6P

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