Solved

Congressman Dearmark Justified Spending $3 Million on a New Entertainment

Question 6

Multiple Choice

Congressman Dearmark justified spending $3 million on a new entertainment complex in his district because it will create 450 new jobs for his residents.As a student of economics,you know that


A) this is a case of the "broken window fallacy."
B) this is a great use of taxpayer dollars.
C) this policy diverts money from spending somewhere else in the economy.
D) Both a and c are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions