Write the definition of economics given by Samuelson and Nordhaus – InterviewSolution

1.	Write the definition of economics given by Samuelson and Nordhaus
Answer» Samuelson and WILLIAM D. Nordhaus, who define economics as follows in the 1998 edition of their well-known text, Economics: Economics is the STUDY of how societies USE scarce resources to PRODUCE VALUABLE commodities and distribute them among different people.

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