The opportunity cost of something is what you give up to get it
a. True
b. False
Indicate whether the statement is true or false
True
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Gross domestic product is the money value of all final goods and services produced in an economy in a year.
Answer the following statement true (T) or false (F)
Briefly discuss the following:
(a) Debt-equity swaps (b) IMF "conditionality" (c) LIBOR (d) Petrodollars
Suppose that your tuition to attend college is $14,000 per year and you spend $5,000 per year on room and board. If you were working full time, you could earn $26,000 per year. What is your opportunity cost of attending college?
A. $19,000 B. $31,000 C. $40,000 D. $45,000
Stocks are
A) promises to repay loans. B) a liability of a proprietorship. C) a liability of a corporation. D) shares of ownership in a corporation.