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Author Question: The downward-sloping line in the diagram below shows the combinations of healthcare and education ... (Read 73 times)

xjustxicex

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The downward-sloping line in the diagram below shows the combinations of healthcare and education expenditures that the government can afford with a given amount of tax revenue.



FIGURE 1-6

Refer to Figure 1-6. The levels of healthcare and education expenditures at point C


◦ are equal to those of point A and point B.
◦ are not attainable with the government's current budget.
◦ are less than at point D.
◦ are more cost-effective than those at points A, B, and D.
◦ could be achieved if the prices of healthcare and/or education increased.


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Marked as best answer by xjustxicex on Oct 12, 2022

dude123

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xjustxicex

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


phuda

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Reply 3 on: Yesterday
:D TYSM

 

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