Economic perspective-the politician is spouting gibberish

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The politician wants to allocate spending so that schools may purchase new and expensive metal detectors for school entryways. At the dedication he says ‘spending this money will be worth it if this machine saves even one life”. Having taken an economics class, you roll your eyes at the political gibberish. Explain why, from the economic perspective, the politician is spouting gibberish.

Reference no: EM131000843

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