In 2009 Al Gore won the Nobel Peace Prize and was awarded $1.4 million. He donated it to his Alliance for Climate Protection. From the economic point of view his charitable project suggests
A) Gore himself no longer faced scarcity because he was in a position to give so much of his money away.
B) the Alliance at least temporarily overcame scarcity because they enjoyed free resources.
C) it was chosen over other uses of his money, and therefore even Gore had to economize.
D) it was a ploy to gain more media attention after his Vice Presidency.
C
Economics
You might also like to view...
What is offshore outsourcing? Who benefits from it and who loses?
What will be an ideal response?
Economics
When a per-unit tax is levied on a goods market in which supply is not perfectly inelastic but such a tax nevertheless does not give rise to any deadweight loss, consumers are made no worse off by the imposition of the tax.
Answer the following statement true (T) or false (F)
Economics