Examlex

Solved

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

question 71

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. 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- 5 -Refer to Figure 1- 5. Suppose the government's current spending is shown by point D. In this case, A)  more education expenditures can be achieved only by sacrificing some health expenditures. B)  the government should spend its total budget so as to get to point B, since more health spending and more education spending are both clearly desirable. C)  the prices of education and health care have increased beyond the government's ability to pay. D)  more health expenditures can be achieved only by sacrificing some education expenditures. E)  the government is not spending its total budget. FIGURE 1- 5
-Refer to Figure 1- 5. Suppose the government's current spending is shown by point D. In this case,


Definitions:

Social Science

A branch of science that deals with the institutions and functioning of human society and with the interpersonal relationships of individuals as members of society.

Ethnography

A qualitative research method that involves observing and studying a culture or community from an insider perspective.

Phenomenology

A philosophical approach that emphasizes the study of conscious experience from the first-person point of view.

Scientific Hypothesis

A proposed explanation for a phenomenon, which can be tested through experimentation and observation.

Related Questions