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Author Question: When the government chooses to spend the tax dollars that it collects on homeland security, its ... (Read 220 times)

mydiamond

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When the government chooses to spend the tax dollars that it collects on homeland security, its choice
 
  A) involves a tradeoff of other goods and services such as education for more homeland security.
  B) illustrates that scarcity does not always exist.
  C) involves no tradeoff because the defense is necessary.
  D) primarily affects who gets the goods and services produced.

Question 2

If Tom is participating in an open outcry English auction, he should ________.
 
  A) bid up to his maximum willingness to pay
  B) bid above his maximum willingness to pay
  C) bid below his value for the good being auctioned
  D) pay a fee to place a bid



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nanny

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Answer to Question 1

A

Answer to Question 2

A




nanny

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