Choose an article published in the last two weeks in one of these six resources listed under Reading and Resources or any other resources, just make sure to provide a link. Discuss how the article relates to one or more of the Ten Basic Principles of Economics:
- People Face Trade-offs
- The Cost of Something Is What You Give Up to Get it
- Rational People Think at the margin
- People Respond to Incentives
- Trade Can Make Everyone Better Off
- Markets Are Usually a Good Way to Organize Economic Activity
- Governments Can Sometimes Improve Market Outcomes
- A Country’s Standard of Living Depends on Its Ability to Produce Goods and Services
- Prices Rise When the Government Prints Too Much Money
- Society Faces a Short-Run Trade-off between Inflation and Unemployment