Question

Which of the following is correct? Group of answer choices Economists study the management of scarce resources. Because economists believe that people pursue their best interests, they are not interested in how people interact. All of the above are correct. The word economy comes from the Greek word for "rational thinker."

Answer 1

Answer:

Because economists believe that people pursue their best interests

Explanation:

• The word economy is derived from the Greek word meaning household and which is an area of production and distribution The role of an economist is to analysis and monitor trends and develop forecasts analysis data and develop economic policies.

• As they give certain predictions or estimates of the economy by reflecting on the economic activities that are performed by the people as assuming tat the man behaves rationally.