Presently, our nation is involved in military action in Afghanistan, Iraq and potentially in Syria and Iran and the Ukraine.

Analyze the opportunity costs that are involved by the nation continuing to being engaged in these conflicts. Your answer should also include: How the Factors of Production are utilized to combat the problems of scarcity in these conflicts as well as How the 3 Central Economic Questions have been resolved by our country in continuing these conflicts. Lastly, provide your opinion as to the cost effectiveness of these military actions.

Answer rating: 100% (QA)

Firstly I need to make it clear the matters of trade and profit and military activity are t... View the full answer