Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507140
Author: David C. Colander
Publisher: McGraw Hill Education
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Chapter 2, Problem 4QAP

(a)

To determine

The impact of vested interest on the production of U.S. military goods at the expense of consumer goods.

(b)

To determine

The impact of biasness for human welfare in the U.S. and abroad.

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