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The Downward-Sloping Line in the Diagram Below Shows the Combinations

Question 113

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The downward-sloping line in the diagram below shows the combinations of health care and education expenditures that the government can afford with a given amount of tax revenue. The downward-sloping line in the diagram below shows the combinations of health care 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 health and education expenditures at point C A) are less than at point D. B) are equal to those of point A and point B. C) are more cost-effective than those at points A,B,and D. D) could be achieved if the prices of health and/or education increased. E) are not attainable with the government's current budget. FIGURE 1-6 Refer to Figure 1-6.The levels of health and education expenditures at point C


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

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