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Economics is called a social science because it is

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Economics is called a social science because it is

A.

A branch of social studies

B.

A study of the ways man devises to satisfy his unlimited wants from unlimited resources

C.

A dismissal science in the Malthusian sense

D.

Governed by scientific law

E.

The study of human wants by the means of scientific method of observation

Correct answer is E

Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behavior of individuals, groups, and organizations.