Which of the following statements about economics is correct? Economics __ A. divides into two main parts -microeconomics and macroeconomics B. divides into two main parts -social economics and natural economics C. is the study of how we cope with our too plenteous resources D. divides into two main parts-global and national

## Step 1<br />The question is asking us to identify the correct statement about economics. We need to evaluate each option and determine which one accurately describes the field of economics.<br /><br />## Step 2<br />Option A states that economics divides into two main parts - microeconomics and macroeconomics. This is indeed correct. Microeconomics focuses on the behavior of individual households, firms, and markets, while macroeconomics looks at the economy as a whole, including issues like inflation, unemployment, and economic growth.<br /><br />## Step 3<br />Option B suggests that economics divides into two main parts - social economics and natural economics. This is not accurate. While social economics does study the social aspects of economic behavior, it is not considered a main division of economics. Natural economics is not a recognized term in the field of economics.<br /><br />## Step 4<br />Option C claims that economics is the study of how we cope with our too plenteous resources. This is not correct. Economics is not just about dealing with abundant resources. It also involves the study of how to allocate scarce resources to meet various needs and wants.<br /><br />## Step 5<br />Option D suggests that economics divides into two main parts - global and national. This is not accurate. While economics does study global and national economies, these are not considered the main divisions of economics.