Complete in your notebook. Also, for future use, create an account in Blogger that is identifiable to you. For example, first name, last initial, econ. period.
Read pages 3-10
1. Consider the text's definition of scarcity. How is this principle impacting current American life?
2. Explain an example of a life choice that was informed by rationalism and marginal analysis.
3. Identify 3 fields/issues studied in Macroeconomics and 3 fields/issues studied in Microeconomics.
4. Write a normative statement. Be creative!
5. Write a positive statement.
And just like that you are done with your first HW assignment in AP Econ!
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