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What do the employees of the state and local government produce? What is the opportunity cost of that output?
In many cities, the government provides such items as public schools, police protection, fire protection, parks, and golf courses.
The opportunity cost is the next best alternative use of these resources. For example, the public golf course could be turned into a pasture for cattle, a racetrack, or a housing development.
What is a possible opportunity cost for building a public golf course?
Elaborate and Explain min 250 words
Media specialists know that receivers engage in selective retention, and thus have to create broadcasts that will linger with impact. Which of these options are true according to the media research about how receivers information from mass media?
Define the differences and/or similarities between the latent theory and the trajectory theory. Which one do you feel better defines why individuals commit crimes?
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q1. suppose that for a particular economy and period investment was equal to 200 government expenditure was equal to
To increase the money supply, the Bank of Canada can:
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Private pay patients have a price elasticity of demand of -3. What do you charge them? The union has negotiated a fee of $50. Is it profitable to treat members of the union?
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