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Question
what is one way that economics can influence your daily life?
by forcing a decision on a career path
by limiting your ability to save money
by helping you understand that every choice has a trade - off
by determining if goals are actually worthwhile
Economics is about making choices in the face of scarcity. It teaches that every choice has an opportunity - cost (trade - off). It doesn't force career decisions, limit savings ability directly in a non - economic - principle way, or solely determine if goals are worthwhile.
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by helping you understand that every choice has a tradeoff