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