Question

Stories circulated back in 1968, a year of intense public protests and ri demonstrators recruited American exchange students, who had opposed to Kicking soc th rance, that the up tossing baseballs (as cer balls, as the French youth did), to throw rocks and other objects at e police. What basic economic principle applies here and how does it factor into macroeconomics in general? (1 point)

Answer 1

The above statement underlines the principle of opportunity cost of hiring American students by foregoing French students who were not specialised at the intended act.

It also undermines economic principles of labor exchange mobility.