Multiple Choice
If the provincial government allocates additional spending on education programmes,the opportunity cost is:
A) zero.
B) the dollar amount of the additional spending.
C) considered only if taxes have to be raised to fund the spending.
D) measured in terms of the best alternative uses for that money.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Specialization and trade should NOT lead to:<br>A)individuals
Q48: Lena and Jess are roommates.Lena hates to
Q79: How people choose among the alternatives available
Q103: Which book illustrates the advantages of specialization
Q114: If equilibrium exists:<br>A)all individuals must have an
Q138: A new startup airline is offering a
Q144: Mr.Freezee operates a fleet of ice cream
Q148: Suppose the Ontario government offered cash bonuses
Q157: A choice made _ is a choice
Q160: Which method of encouraging recycling is likely