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The wages paid to those workers are a a financial

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Unformatted text preview: price on a particular attribute of a good. B. the true value of a good (as distinct from its market price). C. the net price of a good, calculated as the difference between price and production cost. D. None of the above. 14. Suppose government hires workers to construct a new shipping terminal. The wages paid to those workers are A. a financial outlay associated with the project. B. an economic cost of the project. C. a social cost of the project. D. All of the above. 15. Suppose government receives user fees from a new shipping terminal. Those fees are A. a financial receipt associated with the project. B. an economic benefit of the project. C. a social benefit of the project D. All of the above. 16. The “cost of funds” for a public project refers to A. the net financial outlays on the project. B. the interest costs on government borrowing to fund the project. C. the share of the deadweight loss of the tax system attributable to the project. D. None of the above. 17. The “marginal rate of time pr...
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