American Wasteland by Jonathan Bloom

-From American Wasteland by Jonathan Bloom read the Chapter 2 and Chapter 3. After reading the chapter 2 and Chapter 3 answer the following questions. As you read through chapter 2 you will note the use of economic jargon. Locate these 9 terms, use a dictionary or other source to really understand them, and define them in your own words: -opportunity cost - shrink - peer-reviewed dollar figures -GDP - economically depressed -sunk costs - - market failure - artificial demand - upfront costs make sure to make a personal connections to previous or current content or to real-life situations. Contains rich and fully developed new ideas, connections or applications. -This essay should be 550 words.