How closely do government expenditures measure opportunity cost for each of the
following program inputs? Please explain your answer.
a) Land to be used for a nuclear waste storage facility, which is owned by the
government and located on a military base.
b) Labor for a reforestation program in a small rural community with high unemployment.
c) Labor of current government employees who are required to administer a new program.
d) Concrete that was previously poured as part of a bridge foundation.
a. Most jurisdictions pay jurors a small per diem and reimburse them for commuting
and meal expenses. For most jurors, these payments fall short of the opportunity costs of
their time. For employed…