John Maynard Keynes, a famous economist, once said that econ…

Questions

Jоhn Mаynаrd Keynes, а famоus ecоnomist, once said that economics teaches you how to think, not what to think. In other words, it helps people approach decisions more carefully, especially when there’s no obvious right answer. Think of a real issue or decision in your own life (one that you don’t mind sharing on a HW assignment) that you haven’t fully figured out yet — something you're still thinking about and that doesn't have a clear answer. It does not need to be a major decision, but choose something more substantial than “What should I have for breakfast tomorrow?” Then answer the following (be sure to include specific details!): What is the issue or decision you're facing? Describe the situation and why it’s not easy to decide.