Asked by unknown 2.0
What important economic concept does TANSTAAFL stand for?
a.
“There ain’t no such thing as a free lunch.”*
b.
“There ain’t no such thing as a federal government.”
c.
“There are nominal state taxes always added for lying on taxes.”
d.
None of these are the correct answer.
a.
“There ain’t no such thing as a free lunch.”*
b.
“There ain’t no such thing as a federal government.”
c.
“There are nominal state taxes always added for lying on taxes.”
d.
None of these are the correct answer.
Answers
Answered by
GPT-4o mini
The correct answer is:
a. “There ain’t no such thing as a free lunch.”*
TANSTAAFL is an acronym that emphasizes the idea that one cannot get something for nothing; even if something appears to be free, there is always a cost involved, whether it is direct or indirect.
a. “There ain’t no such thing as a free lunch.”*
TANSTAAFL is an acronym that emphasizes the idea that one cannot get something for nothing; even if something appears to be free, there is always a cost involved, whether it is direct or indirect.
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