A college student could be working as a waiter and earning US$20,000 annually. However, he is attending college and forgoing that income. This is an example of the _____ to attend college, a cost that the student hopes will be worth the investment in the long run.
A. discount
B. risk evaluation
C. opportunity cost
D. efficiency
C. opportunity cost
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Explain how "yes" and "no" questions and inadequate information during opinion polls can lead to problems. Give examples for each.
What will be an ideal response?
Ivan is a member of an ethnic group that inhabits a distinct region of a country. The group feels oppressed by the government, so it resorts to placing bombs in public places and kidnapping people to draw attention to its desire to form its own regional government. How would Ivan’s group be classified according to Sederberg’s four classifications?
What will be an ideal response?
The rate at which one state's currency is exchanged for another state's currency in the global marketplace is known as
a. monetary policy. b. the money supply. c. the balance of payments. d. an exchange rate. e. arbitrage.
The reserved powers of the U.S. states are derived from the _________.
A. Second Amendment B. Seventh Amendment C. Ninth Amendment D. Tenth Amendment