Draw a Vector Representing the Course of a Ship That

question 46

Multiple Choice

Draw a vector representing the course of a ship that goes  miles on a course with direction . ​

• A)​ ​
• B)​
• C)​
• D)​

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Definitions:

Government Failure

Occurs when government intervention in the economy causes an inefficient allocation of resources and leads to a net loss of economic welfare.

Special-interest Effect

The impact of a small, organized group on political or economic decisions, often in a way that benefits the group at the expense of the general public.

Positive Externalities

Benefits experienced by third parties due to the actions of others, for which the third party does not pay.

Chronic Budget Deficits

Persistent shortfalls in a government's budget where expenditures surpass revenues over an extended period.