
Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817
Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817 Exercise 11
In determining whether the distribution of federal spending among various agencies was correct, an economist would want to make sure
A) that each agency manager got what (s)he thought was needed in that area.
B) that the last dollar spent in each area produced the same amount of social good.
C) that the average dollar spent in each area produced the same amount of social good.
D) that the total amount of money spent in each agency produced the same level of social good.
A) that each agency manager got what (s)he thought was needed in that area.
B) that the last dollar spent in each area produced the same amount of social good.
C) that the average dollar spent in each area produced the same amount of social good.
D) that the total amount of money spent in each agency produced the same level of social good.
Explanation
According to the marginal analysis, the ...
Issues in Economics Today 7th Edition by Robert Guell
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255