Question: Based upon scarcity and choice, why is it not possible for governments to efficiently provide everyone with free healthcare and free higher education without there
Based upon scarcity and choice, why is it not possible for governments to efficiently provide everyone with free healthcare and free higher education without there being negative effects to the aggregate economy?
Think about society's need to choose amongst competing resources and goals.How does personal gain affect choices by individuals and government?Opportunity costs.While we want to do one thing, we can't do others based upon scarcity and opportunity costs.Resources are finite.What about incentives as opposed to free offerings?
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