Match the branch of study
Exercise and reference answers
- Matching pairs
- Left
- Consumption
- Right
- How buyers choose what to use
- Left
- Production
- Right
- How producers decide what to make
- Left
- Distribution
- Right
- How national income is shared out
- Left
- Scarcity
- Right
- Wants exceed the means to meet them
- Left
- Choice
- Right
- What scarcity forces people to make
- Left
- Statistics
- Right
- Collecting and analysing numbers
- Instructions
- Match each idea to what it studies.
Explanation
_Source: syllabus Statistics for Economics, Ch 1 'Introduction'_