Is a Hollywood actor

A person that uses money to buy goods and services. An economic actor uses these resources to shape an economy.

A person or unit able to use land, labor or capital. An economic actor uses these resources to shape an economy.

the part of economics concerned with large-scale or general economic factors and policies that affected millions of people.

is the study of what is likely to happen (tendencies) when individuals make choices in response to changes in incentives, prices, resources, and/or methods of production.

the part of economics concerned with large-scale or general economic factors, such as interest rates and national productivity.

the study of what is likely to happen (tendencies) when individuals make choices in response to changes in incentives, prices, resources, and/or methods of production.

is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand.

is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on self interest.

the process by which economic resources get allotted (apportioned, assigned) to their particular uses for directly or indirectly satisfying human wants.

the process by which economic resources get allotted (apportioned, assigned) for general uses for directly or indirectly satisfying human wants.

The market's primary function in a market economy is to regulate and monitor the financial and economic system.

The government body's primary function in a market economy is to regulate and monitor the financial and economic system.

reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry

increase of government power in a particular industry, usually enacted to create more competition within the industry

Resources are free because the available quantity exceeds the desired use.

Resources are free because the available quantity is infinite.

A resource with an available quantity less than its desired use.

A resource with an available quantity more than its desired use.