Which of the following does not illustrate opportunity cost?
a. If I study, I must give up going to the football game.
b. If I buy a computer, I must do without a 35" television.
c. If I spend more on clothes, I must spend less on food.
d. All of these illustrate opportunity cost.
d
Economics
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Using the multiplier, we can easily calculate the effect of further changes in government spending.
What will be an ideal response?
Economics
Corporate governance involves the way in which
A) the government licenses corporations. B) a corporation is structured. C) the government nationalizes corporations. D) a corporation is subject to government regulations.
Economics