Which of the following is an example of an economic activity?

• A. A student reading a novel for leisure
• B. A child playing in the park
• C. A person buying groceries at a supermarket
• D. A family watching television together

Answer: (C)

Verified step by step guidance

1. Understand the definition of an economic activity: it involves the production, distribution, or consumption of goods and services that have a monetary value.
2. Analyze each option to see if it involves a transaction or exchange related to goods or services with economic value.
3. For 'A student reading a novel for leisure,' note that this is a non-market activity without a transaction, so it is not an economic activity.
4. For 'A child playing in the park,' recognize this is a recreational activity without exchange of goods or services, so it is not an economic activity.
5. For 'A person buying groceries at a supermarket,' identify that this involves purchasing goods, which is a market transaction and thus an economic activity.