Question: Explain how each of the following statements denies the basic economic postulates: 1. The Department of Defense Budget covers our basic needs and nothing

Explain how each of the following statements denies the basic economic postulates:

Explain how each of the following statements denies the basic economic postulates: 1. "The Department of Defense Budget" covers our basic needs and nothing more." 2. "We need better schools for our children." 3. "Nothing is too good when it comes to education." 4. "America needs more sources of energy."

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Question 1 The statement denies the basic economic post ulates by stating that the Department of Defense Budget covers our basic needs and nothing more This means that there are no other economic need... View full answer

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