When the Government of New Brunswick Chooses to Use Inputs

question 49

Multiple Choice

When the government of New Brunswick chooses to use inputs to build a dam, those inputs are no longer available to build a highway. This illustrates the concept of

• A) a market.
• B) macroeconomics.
• C) opportunity cost.
• D) incentives.
• E) gains from trade.

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Early 1950s

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