Which of these scenarios would explain a strategy used to evaluate large numbers in terms of what they mean per person? Answer choices a-A high school teacher wants to show her students how big the military budget is by comparing it to the size of the economy. b-A professor explains that a new piece of legislation would cost $50 billion and would tax each citizen $0.20. c-An economist wants to show the magnitude to which unemployment has increased over time by comparing it to unemployment in previous years. d-An economist shows an audience how severe overpopulation is by determining when the population will double.

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter1: Ten Principles Of Economics
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Which of these scenarios would explain a strategy used to evaluate large numbers in terms of what they mean per person?

Answer choices

a-A high school teacher wants to show her students how big the military budget is by comparing it to the size of the economy.

b-A professor explains that a new piece of legislation would cost $50 billion and would tax each citizen $0.20.

c-An economist wants to show the magnitude to which unemployment has increased over time by comparing it to unemployment in previous years.

d-An economist shows an audience how severe overpopulation is by determining when the population will double.

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