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Give 3 examples of tradeoffs you have or will make either in education or spending. 2. What choices could you make in examining Opportunity Costs

Give 3 examples of tradeoffs you have or will make either in education or spending.

2. What choices could you make in examining Opportunity Costs rather than taking a vacation to Disney World?

3. Water is essential to your life. What is the Marginal Benefit of a glass or water to you whether it is small or large?

4. What is inflation and what causes it?

5. How are inflation and unemployment related to the short run?

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