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65. Suppose that the Government of Canada mandates vaccines for all workers, and that 5% of workers resist this and exit the labour force. What
65. Suppose that the Government of Canada mandates vaccines for all workers, and that 5% of workers resist this and exit the labour force. What effect does this have on the economy in the shortrun? A Prices fall and output falls. ( (B Prices rise and output declines. (C Prices fall and output declines. ) ) ) ) (D Prices rise and output rises. 67. A malaria-infected Village of 5,000 inhabitants decides to establish a mosquito erad- ication program. The program costs $5 million in order to be effective, and each Village inhabitant is asked to voluntarily contribute to the fund. The benet of eradication, per person, is $1,250. If no eradiction is implemented, each person bears a cost of $10. What is the most likely outcome of this situation? (A) Each person contributes $1,250. (B) Each person contributes $10. (C) Nobody contributes anything. ) (D One person contributes $5 million
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