Author Question: When the government hires people to serve in the army, these people are no longer available to do ... (Read 37 times)

aabwk4 · **on:** Jun 29, 2018

When the government hires people to serve in the army, these people are no longer available to do other work. This choice illustrates the concept of

A) an incentive.
B) a social interest/private interest conflict.
C) opportunity cost.
D) marginal benefit.

Question 2

A change in ________ creates a movement along the aggregate demand curve, while a change in ________ shifts the aggregate demand curve.

A) expected profits; tax rates
B) the price level; government expenditures
C) foreign income; the foreign exchange rate
D) real wealth; human capital