Question

1. economics is the study of

money.
how people, firms, and governments make decisions about how to allocate scarce resources to meet unlimited wants.
the study of the financial system of a society.
how goods are produced

Explanation:

Economics is concerned with the allocation of scarce resources (like labor, capital, land) to satisfy unlimited human wants. It involves the decision - making of individuals (people), firms (business entities), and governments. Money is just one aspect within the economic system, the financial system is a part of the broader economic study, and how goods are produced is a more narrow topic (related to production theory within economics but not the overall definition).

Answer:

how people, firms, and governments make decisions about how to allocate scarce resources to meet unlimited wants