Author Question: According to your textbook, the current war on drugs in the United States has similar consequences ... (Read 27 times)

tth · **on:** Jun 29, 2018

According to your textbook, the current war on drugs in the United States has similar consequences to the earlier prohibition on alcohol. The similar consequences include

A) an underground supply and demand process.
B) the production of more powerful and dangerous forms of the illegal products.
C) production and distribution being controlled by people with a comparative advantage in crime
D) All of the above.
E) None of the above.

Question 2

When the government chooses to use resources to build a dam, these sources are no longer available to build a highway. This choice illustrates the concept of

A) a market mechanism.
B) macroeconomics.
C) opportunity cost.
D) a fallacy of composition.