2008 - Dy Name JIt4J tJE S ID A Econ 201 Multiple Choice...

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------------ D y JIt4J tJE S. Name: ID: A Econ 201 Multiple Choice IdentifY the letter of the choice that best completes the statement or answers the question. 1. During a war, a governmeHt will often draft people, most of whom are presently employed, into the army. An economist, computing the real cost of the war, would be sure to include which of the following items? a. the value of the civilian goods no longer produced by the new soldiers b. the cost offeeding and nothing the new soldiers c. the dollar cost of the pa~Tall d. the higher prices of civihan goods due to wartime shortages e. the cost of transporting he soldiers to combat 2. The principle of comparative fidvantage explains how
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