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    Identify One or More of the Ten Principles of Economics

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    I need help finding 1 more story from a newspaper or the Website http://www.economist.com about the economy that have been in the news lately. For each story, identify 1 or more of the Ten Principles of Economics that are relevant, and explain how it is relevant.

    The Ten Principles of Economics are:

    People Face Tradeoffs
    The cost of something is what you give up to get it
    Rational people think at the margin
    People respond to Incentives
    Trade can make everyone better off
    Markets are usually a good way to organize economic activity
    Governments can sometimes improve market outcomes
    A country's standard of living depends on its ability to produce goods and services
    Society faced a short-run tradeoff between inflation and unemployment

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    https://brainmass.com/economics/unemployment/identify-one-or-more-of-the-ten-principles-of-economics-99734

    Solution Preview

    Here is the article about Vietnam
    http://www.eastasiaforum.org/2009/10/20/vietnams-economic-resiliency-a-symptom-of-strength-or-weakness/

    I suggest for ...

    Solution Summary

    The solution provides the news article, discussion and the reference source as per requirement of the problem.

    $2.19