Consider Mandy's decision to go to college. If she goes to college, she will spend $20,000 on tuition, $10,000 on room and board, and $2,000 on books. If she does not go to college, she will earn $18,000 working in a store and spend $8,000 on room and board. Mandy's cost of going to college is

a. $32,000.
b. $42,000.
c. $50,000.
d. $58,000.

b

Economics

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Which of the following is NOT one of the economic problems that the "New Economy" is alleged to have solved?

A) deflation B) slow growth in productivity C) the budget deficit D) business cycle

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Both private goods and club goods are

a. rival in consumption. b. nonrival in consumption. c. excludable. d. nonexcludable.

Economics