This year’s annual report examines a project the Fed is spearheading to improve the U.S. payment system. The essay is written by St. Louis Fed First Vice President David Sapenaro, who recently completed his responsibilities as the project’s interim payments strategy director.View Publication
In under 12 minutes, your students can complete this course which points to an important concept in economics—every choice we make has a cost—an opportunity cost. Some costs are small and relatively short-term. Others are significant. Recognizing the opportunity costs of your decisions can help you make more informed choices. This short course is designed to help you apply the idea of opportunity cost to the decisions you make.
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