Is the $208 million that electricity producers will spend to comply with the new rules part of the opportunity cost of producing electricity?
What will be an ideal response?
The $208 million is part of the opportunity cost of producing electricity because it represents the purchase of goods and services neces-sary to produce electricity.
Economics
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The United States decides what goods to produce by letting
a. only the government decide b. members of Congress decide c. only the producers decide d. the producers and consumers decide
Economics
If net exports is 100 and the private sector balance is 150, then the government sector balance is
A) -50. B) 50. C) 250. D) 0.
Economics