An increase in tax revenues ________ government saving and ________ national saving
A) raises, raises
B) raises, lowers
C) lowers, raises
D) lowers, lowers
A
Economics
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Kedran is indifferent between option A, which gives her $10,000 for sure, and option B, which gives her $5,000 with probability 0.4 or $15,000 with probability 0.6. Kedran's cost of risk for option B is
A) zero. B) $1,000. C) $5,000. D) $10,000.
Economics
The opportunity cost of going to college full time away from home includes
A) the income you could have earned from a full-time job. B) the funds you would have saved if you had not paid the tuition. C) the time you could have spent with parents back home. D) All of the above are correct.
Economics