You like to sleep until 9:00 am during the semester. What is the opportunity cost of attending an 8:00 am class?
A. sleep
B. obtaining the notes from the 8:00 am class
C. the credit hours earned from the 8:00 am class
D. nothing, since you can go back to bed later
Answer: A
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According to the following graph, at point A, The price of Y is $50.
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The unemployment rate in the United States:
A. can be zero in both expansions and recessions. B. equals zero during booms. C. falls to zero during expansions. D. never falls to zero.
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Payments made to shareholders of a corporation are called
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