Solved: Compare the relevant costs and benefits, Macroeconomics

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Compare the relevant costs and benefits

Assignment:

Respond to the following in a total of 175 words combined:

1. People may make bad decisions because they fail to compare the relevant costs and benefits. Do you agree? Provide an example of when you made a bad decision, and an example of when you made a good decision. Did you compare the relevant costs and benefits?

2. Discuss an example of behavior you have observed that could be described as "smart for one but dumb for all."

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Macroeconomics: Compare the relevant costs and benefits

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