Why does an economic choice involve giving up something else? People make choices because they cannot have everything they want. All choices require giving up something (opportunity cost) Economic decision-making requires comparing both the opportunity cost and the monetary cost of choices with benefits.
A high inflation rate is most difficult for people of a low socio-economic standing. The reason for this is the fact that people which a low socio-economic standing have the lowest income and for that reason, the amount of money which they're receiving gets lowered through inflation.
the correct answer is B
a slave who was suing for his freedom because his master had taken him into free territory
the dred scott involved a slave who had travelled with his master to a free territorry. The slave brought the challenge after his master deathon his own and behalf of his wife over his freedom. The court ruled against him, arguing that slaves could not be granted citizenship.
Answer: B. The right to vote is taken away.
Explanation: