Special Interest Group a Receives a 1/10,000^th Slice of the Economic

question 26

Multiple Choice

Special interest group A receives a 1/10,000^th slice of the economic pie (Real GDP) .It is seeking a transfer of $1,000.For group A to be indifferent between a transfer policy and an economic growth policy,economic growth must be ________________ times larger than the _________________.

• A) 1,000; transfer
• B) 10,000; transfer
• C) 100; transfer
• D) 10,000; transfer minus $1,000
• E) 1,000; transfer; minus $10,000

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Definitions:

Enhance Communication

To improve the effectiveness or clarity of exchanging information between individuals or groups.

Multiple Functions

Refers to objects, systems, or roles that serve more than one purpose or perform more than one task.

Language

A system of communication used by a particular country or community.

Hyperbole

A rhetorical device that uses an exaggeration.