 |  Macroeconomics, 9/e Campbell R. McConnell,
University of Nebraska, Lincoln Stanley L. Brue,
Pacific Lutheran University Thomas P. Barbiero,
Ryerson University
The Economic Problem: Scarcity, Wants, and Choices
Web LinksPolicy Alternatives
(http://www.policyalternatives.ca/bc/opinion53.html)
"Are Tax Cuts a Free Lunch?" , by Marc Lee, is an excellent article that outlines the opportunity cost of tax cuts. Basic economic concepts, such as scarcity, choice and opportunity cost are touched upon, and the "Free Lunch" concept is covered in the textbook. |
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