According to the shortsightedness effect, politicians tend to favor projects with a. short-run benefits and short-run costs. b. short-run benefits and long-run costs. c. long-run benefits and short-run costs. d. long-run benefits and long-run costs.

B. Short run benefits and long run costs

Explanation:

Short sightedness effect is one of the main causes of failure in a government.

The total costs of such projects over time surpasses the total gain from the project over its lifetime. This encourages wastage and poor future planning which are catalyst for failure in a government system.

the chart shows a production possibilities schedule for sabrina’s soccer.

the schedule shows the - combination-   of goods the business can produce.

for edgenuit.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.