The trade-offs made by the U.S. government to fund the war in Iraq
A) exceed the benefits derived from the war.
B) show that the government is justified in its war spending.
C) prove that the government is spending too much on the war.
D) represent what was potentially sacrificed to engage in the war.
D
You might also like to view...
If the market for Twinkies is in equilibrium, then
A) Twinkies must be a normal good. B) producers would like to sell more at the current price. C) consumers would like to buy more at the current price. D) the quantity supplied equals the quantity demanded.
If both the supply of labor and the demand for labor increase, then
A) potential GDP decreases. B) potential GDP increases. C) full employment decreases. D) the impact on potential GDP is uncertain
In a non-cooperative game the players each pursue their ______.
a. binding contract b. mutual payoff c. partners’ goals d. individual self-interest
The banking system is able to make new loans equal to
A) total legal reserves of the system. B) total excess reserves of the system. C) total required reserves of the system. D) a multiple of total excess reserves of the system.