Initial post needs to be at least 150 words, and each reply to two students need
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. (Remember that all things are scarce.)
Please answer in 150 words or more. Use your own words – please do not copy and paste from a website, and be sure to reference your sources.
Wolla, S. (2015). Choices are Everywhere: Why can’t we just have it all? Page One Economist, Retrieved from: https://research.stlouisfed.org/publications/page1-econ/2013/01/01/choices-are-everywhere-why-cant-we-just-have-it-all/
The initial post completely addresses all questions and topics posted in the forum question and gives reasons, sources, or justification for answers, opinions, and conclusions in at least 150 words.
Response Post to two students
Responses are substantive and encourage discussion and critical thought by proposing a different point of view supported by a valid source or personal example, or by more thoroughly supporting the initial statements with additional sources. (100 words for each reply post)
Posts and responses are well-organized, clear, professionally written (no text-writing), and free of spelling and grammatical errors. They are clear, concise, and professionally communicated.