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What are some economic choices the UK has to take and the opportunity cost affected by those choices?
An argument is sometimes made that statistics like GDP don’t capture the gains being made by consumers. A television set that used to cost thousands of dollars now costs hundreds of dollars. True. But in other areas, such as finance, education, and health, the opposite has occurred: Expenditures have increased without any obvious gain in outcomes. Much of the financial sector’s growth consists of zero-sum gambling games, with no benefit to the real economy, yet this shows up as a benefit in the GDP. A law degree costs four times what it cost three decades ago, but is not noticeably better, yet this shows as a gain in GDP. Massive high-tech expenditures in medicine (which count as benefits) often yield only modest, zero, or even negative gains in terms of quality or length of life. The net of all these pluses and minuses has yet to be calculated. At this point, there is no basis for assuming a priori that the overcalculations exceed the undercalculations.
---> In this paragraph, I don't understand, what "the overcalculations exceed the undercalculations. " means.
Hi. I'm currently stuck on my assignment. I have created 2 separate classes, one for a menu bar and one for a graphics panel. In the end the program should contain a menu bar and dialogue boxes so that the user is able to enter commands that will control the turtle. How could I combine the classes so that the menu bar and the turtle graphics are on the same window?
What is the pH of 0.100 mol dm-3 ammonia solution if Ka for the ammonium ion is 5.62 x 10-10 mol dm-3? Kw = 1.00 x 10-14 mol2dm-14