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The Canadian government is considering whether to spend 200 million dollars on new hospitals or $200 million new fighter jets. a.Is the government faced with

The Canadian government is considering whether to spend 200 million dollars on new hospitals or $200 million new fighter jets.

a.Is the government faced with a trade-off? Explain.

b.If the government uses the funds to buy new fighter jets what did they give-up? What is the opportunity costs for the fighter jets?

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