Read the following statements and then answer the question that follows. Economics concerns itself with (i) a systematic understanding of patterns of production, consumption and distribution of goods and services. (ii) a study of money, banking, capital formation and wealth. (iii) a study of how limited resources are used to satisfy unlimited human wants. (iv) a study of the application of scarce means to a multitude of human wants. Which of the above statements can be associated with the broad subject matter studied in economics?
None of them
All of them
Only statements i, ii and ii
Only statements i, iii and iv
All except statement iii