United States is one of the world's wealthiest countries. Think of a recent case in which the decisions of the U.S government were severely constrained or limited by scarcityy. Describe the trade-offs that were involved. What were the opportunity costs of the decisions that were actually made? Tip: You may refer to Chapter's 3 discussion about "Hard Choices in the Real World" to help you prepare your response better. You can also refer to the following website to see how the U.S government spends money on different sectors: https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/
Sample Solution