Multiple Choice Questions 1. The study of economics can help us: A. be a smarter voter. B. better understand the impacts of public policies. C. make the best choices around how to spend our time and money. D. All of these are true. 2. Economics is the study of: A. the government's decision making process. B. why state and federal governments disagree. C. the study of how people manage resources. D. All of these are true. 3. The principles of economics can explain: A. why people choose to work or go to college. B. why a country might prosper. C. why the value of money changes over time. D. Economics can explain all of these things.