Economics is the study of: a. the allocation of scarce resources to satisfy unlimited wants. b. inflation and unemployment in society. c. making money. d. maximization of profits for a firm.

Option (A). The allocation of scarce resources to satisfy unlimited wants.

Explanation: Economics is primarily concerned with the production, distribution, and consumption of goods and services. It focuses on how individuals, businesses, governments, and nations make choices on allocating limited resources to satisfy their unlimited wants and needs, trying to determine how these groups should organize and coordinate efforts to achieve maximum output.

The problem economics Is trying to solve is that human beings have unlimited wants and are surrounded in a world of limited means to satisfy them. For this reason, the concepts of efficiency and productivity are held paramount by economists, Economists believes that Increased productivity and a more efficient use of resources, could lead to a higher standard of living.

the anti federalists was a movement that was opposed to the creation of a us federal government. although they were not as organized as the federalists, they also had a large group of leaders, especially in state politics.

the statement "now, in a large extended country, it is impossible to have a representation, possessing the sentiments, and of integrity, to declare the minds of the people” represents the concerns of the anti federalists.

they strongly believed that the federalists were representing the interests of aristocratic elements of society at the expense of the majority of ordinary people, who lived in a rural society.

their fear for the creation of a strong federal government and the president’s power of veto in their opinion would create a tyrannical rule that would dominate the people. they defended the importance of restraining the government’s power towards people at any cost.

the correct answer is a