Multiple Choice
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.If the government's spending on health and education is given by point B,a move to point A must involve
A) less spending on education.
B) less spending in total.
C) more spending on education.
D) zero opportunity cost.
E) less spending on health.
Correct Answer:
Verified
Correct Answer:
Verified
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