If a new home can be constructed for $150,000, what is the opportunity cost of federal defense

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If a new home can be constructed for $150,000, what is the opportunity cost of federal defense spending, measured in terms of private housing? (Assume a defense budget of $600 billion.)

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The Micro Economy Today

ISBN: 9781118152003

15th Edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: Nov 19, 2024 03:00 AM

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If a new home can be constructed for $150,000, what is the opportunity cost of federal defense

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The Micro Economy Today

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