Increased government spending on unemployment insurance during a recession is an example of:

The additional revenue obtained by a firm when it hires an additional worker, holding other inputs constant, is

A) the marginal physical product of labor. B) the marginal revenue product of labor. C) the marginal cost of labor. D) equal to total revenue divided by the number of workers.

The opportunity cost of going to college for a student receiving a scholarship

A) is the income that she would have earned if she did not go to college. B) is the risk of dropping out. C) is the food and living expenses that she has to purchase while in college. D) is zero because she does not have to pay tuition.