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Which of the following is a decision that economists study? how much people work what people...

Which of the following is a decision that economists study?

how much people work

what people buy

how much money people save

All of the above are correct.
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Answer #1

Answer- Correct option is 'D'

All of the above are correct. These are the decision that economists study:

1) How much people work

2) What people buy

3) How much money people save

Economist study the decisions that we all take every day. Economics studies the way people deal with a fact of life, resorces are limited but our demand for them certainly is not. Our everyday of lives full of decisions. Every decision we make is a tradeoff, suppose if we spend more time working, we make more money. However, we will have less time to relax. Economist study the trade-offs peoples make. They study the reason of their decisions. They look at the effect those decisions have on our lives and our society.

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