Each of the following ideas is central to economics EXCEPT S

Each of the following ideas is central to economics, EXCEPT: Select one: a. \"prices rise when the government prints too much money.\" b. \"people react to incentives.\" c, \"good institutions can eliminate economic trade-offs.\" d. \"specialization and trade benefit everyone.\" 0 O O

Solution

All of the three ideas are central to economics except \"good institutions can eliminate economic trade-offs\". Option A (excess money supply which causes inflation), Option B(incentives are facors that alter buying behaviour of consumers) and option d (trade and specialization) are ideas which are central and necessary to Economics.

Answer- option C