Explain the opportunity cost of that government decision.

Words: 161
Pages: 1
Subject: Uncategorized

Initial post needs to be at least 150 words, and each reply to two students needs to be at least 100 words each.

Read the article from the Federal Reserve Bank of St. Louis, “Choices are Everywhere: Why can’t we just have it all?”

Consider a government spending program you have read about in the news or research one online. In a well-composed post, explain the opportunity cost of that government decision. What was the next best alternative in your opinion? Describe how “scarcity” factors into the decision process.

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