This topic contains a solution. Click here to go to the answer

Author Question: When the government chooses to spend the tax dollars that it collects on homeland security, its ... (Read 240 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nanny

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

A

Answer to Question 2

A




nanny

  • Sr. Member
  • ****
  • Posts: 313

 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library