<span>New york city was created in 1624.</span>
Peace Corps and Alliance for Progress
Anti-Federalists<span> argued that the </span>Constitution<span> gave too much power to the federal government, while taking too much power away from state and local governments. Many felt that the federal government would be too far removed to represent the average citizen.</span>
The correct answer is D, opportunity costs. Making (economic) decisions requires trading off one good, service or experience against another. Most of us cannot acquire everything we want, so often we have to make decisions on what to buy or how to invest our limited resources - eating out or going to the movies, buying that video-game or saving the money for a new bicycle, traveling to the mountain or to the beach. By choosing one rather than the other, we are trading off, that is, making a sacrifice and renouncing to our other preferred choice. In these examples, if you decide to go to the movies, the opportunity cost is the loss of the possibility of eating out.
