Chapter 1: Ten Principles of Economics- Principle 10: Society Faces a Short-Run Trade-off between InExplore the relationship between unemployment and inflation.
Chapter 1: Ten Principles of Economics- Principle 2: The Cost of Something Is What You Give Up to GeThe cost of something is what you give up to get it is an idea similar to trade-offs.
Chapter 1: Ten Principles of Economics- Principle 1: People Face Trade-OffsHow do trade-offs apply to real life and why are they important? Find out here.