The opportunity cost of your college education is:

a. c and d.
b. d and e.
c. the actual dollar cost of your college education.
d. your best alternative use of the money you spend for a college education.
e. money you could have earned working instead of going to college.


b

Economics

You might also like to view...

The largest category of legal immigrants into the U.S. in 2011 was:

A. Family-sponsored immigrants B. Refugees C. Employment-based preferences D. Diversity immigrants

Economics

Suppose China decides to sell a vast majority of their large holdings of U.S. Treasury bonds. If you are thinking of refinancing your house, how would China's action affect your decision to refinance?

A) You would want to wait to refinance as interest rates should rise. B) China's actions should not affect your decision to refinance in any way. C) You would want to refinance as soon as possible as interest rates should rise. D) You would want to wait to refinance as interest rates should fall.

Economics

Central bank reserve assets are kept in three major forms: foreign-exchange reserves, silver, and gold.

a. true b. false

Economics

Price floors are instituted because the government wants to:

A. help consumers. B. help producers. C. raise tax revenue. D. increase demand.

Economics