Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Because a lottery draft selects individuals with opportunity costs randomly drawn from the general population, while an all-volunteer military enlists only those with opportunity costs
Because a lottery draft selects individuals with opportunity costs randomly drawn from the general population, while an all-volunteer military enlists only those with opportunity costs less than the military wage, Multiple Choice the true economic costs of a draft exceed that of a voluntary system. the true economic costs of a draft are less than that of a voluntary system. the taxpayer costs of a draft exceed that of a voluntary system. the true economic costs of a draft equal the taxpayer costs of a voluntary system
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started