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A politician says that in the next election he will give money for AIDS Research. He...

A politician says that in the next election he will give money for AIDS Research. He also says that this will not sacrifice the amount of goods and services people have. Which of the following is true?

A. This is not possible
B. This is only possible if the economy has unallocated resources left.

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Answer #1

This isn't true where the principle of opportunity costs fail if this is worded true. The opportunity cost of giving money to AIDS research would be that the amount of goods and services and this aspect falls under basic principles of economics. However if there are unallocated redouresothey can be of help to take up the lost value of goods and services in the AIDS research.

Therefore (B) is the answer

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