Most students attending college pay tuition and are unable to hold a full-time job. For these students, tuition is
A) part of the opportunity cost of going to college. So are their forgone earnings from not holding a full-time job.
B) part of the opportunity cost of going to college. Their forgone earnings from not holding a full-time job are not part of the opportunity cost of attending college.
C) not part of the opportunity cost of going to college, but their forgone earnings from not holding a full-time job are part of the opportunity cost of attending college.
D) not part of the opportunity cost of going to college. Neither are their forgone earnings from not holding a full-time job.
A
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The Federal Reserve System
A) regulates the nation's financial institutions. B) conducts the nation's monetary policy. C) Both answers A and B are correct. D) Neither answer A nor B is correct.
In the early 1900s, the Homestead Act
a. was modified to allow settlers to obtain larger, more practical-sized farms. b. was repealed by Congress. c. was amended to reduce the size of a homestead from 160 acres to 80 acres. d. was amended to increase the residency requirement to 10 years.