Which one of the following is TRUE?

You spend $20 on a lottery ticket instead of buying groceries. The $20 spent on the lottery ticket represents an ________ and the forgone groceries represent an ________

A) explicit cost; explicit cost B) implicit cost; explicit cost C) explicit cost; implicit cost D) implicit cost; implicit cost

If the multiplier is 5, the marginal propensity to consume must be 0.8

Indicate whether the statement is true or false