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Homework answers / question archive / Suppose the president is attempting to decide whether the federal gov should spend more research to find a cure for heart disease

Suppose the president is attempting to decide whether the federal gov should spend more research to find a cure for heart disease

Economics

Suppose the president is attempting to decide whether the federal gov should spend more research to find a cure for heart disease. How should policymakers determine the amount of money that should be allocated for research curing heart disease?

a. The value of the total benefit of research on curing other diseases.

b. Whether the last dollar devoted to research on heart disease results in more benefit than the last dollar spent on research for curing other diseases.

c.The value of the total benefit of the research on heart disease.

d. The number of people who die from heart disease compared to the number of people who die from other diseases.

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