1 Complete the definition. Economy is Economics is An economist is a) a person who…………………………..………… b) a science which…………………………………..

Economy is a system of the production, distribution, or trade, and consumption of goods and services by different agents.Economics is a science which concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services.An economist is a person who studies the relationship between a society\'s resources and its production or output.