Demands differ from wants because:. a. demands are unlimited, whereas wants are limited by income.
b. wants require a plan to acquire a good but demands require no such plan.
c. wants imply a decision about which demands to satisfy, while demands involve no specific plan to acquire the good.
d. demands reflect a decision about which wants to satisfy and a plan to buy the good, while wants are unlimited and involve no specific plan to acquire the good.

The correct answer is:

demands reflect a decision about which wants to satisfy and a plan to buy the good, while wants are unlimited and involve no specific plan to acquire the good. (d)

Explanation:

Let me first try to define what demand and want are:

want: want is a desire for a product or service. It is said that wants are unlimited, however, the resources to actualize such wants are in a limited supply.

Demand: Demand is the quantity of good or service that a person is willing and able to pay for because of the availability of resources to do so, at a given price and time.

For a clearer understanding, demand can be seen as a subset of want that a consumer takes a further step to acquire, not just desire. There is a specific plan to acquire such wants.

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed