A student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days. This statement suggests that
A) society should value good grades more highly than sleep because students can catch up on their sleep once final exams are over.
B) there is a trade-off between studying and sleep.
C) students are more concerned about good grades than good health.
D) society should value sleep more highly than good grades.
B
You might also like to view...
The slope of the budget line that expresses the tradeoff between risk and return for an asset can be represented by
A) (Rf - Rm)/?m. B) (Rm - Rf)/?m. C) Rm - Rf. D) b.
Which of the following is the least liquid asset?
a. checkable deposits. b. savings-type deposits. c. traveler's checks. d. demand deposits. e. cash.
Gold is
a. not a resource in the economy b. an example of a renewable resource for the economy c. an example of a nonrenewable resource for the economy d. part of the capital resources of the economy e. part of the entrepreneurial resources of the economy
When inflation turns out to be different from what was expected, purchasing power is ________.
A. decreased B. redistributed C. destroyed D. increased