With a Budget of $200 Million,the Government Can Choose to Purchase

question 72

Multiple Choice

With a budget of $200 million,the government can choose to purchase 4 helicopters or repair 200 km of highway. FIGURE 1-1
-Refer to Figure 1-1.For the government,the opportunity cost of one search and rescue helicopter is

• A)0 kilometres of highway repair.
• B)50 kilometres of highway repair.
• C)100 kilometres of highway repair.
• D)150 kilometres of highway repair.
• E)200 kilometres of highway repair.

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Definitions:

Local Government

The administration and governance of a specific locality, such as a city, town, or county, dealing with local issues and services.

Civil Service Act

Legislation that established the merit-based system for selecting government officials and employees, aiming to eliminate corruption by making competence and ethics primary criteria.

1883

The year notable for the United States Supreme Court's decision in the Civil Rights Cases, which significantly limited the rights of blacks to use public accommodations.

Federal Bureaucracy

The collection of all national government agencies and institutions that implement federal laws and regulations.