The opportunity cost of attending college includes the cost of
A) the tuition but not the job at which you would otherwise have worked.
B) the highest valued alternative to attending college.
C) the highest valued alternative to attending college plus the cost of tuition.
D) tuition, books, and the lost wages for the hours spent studying.
C
Economics
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Interest payments on the national debt are not a problem because we owe all of it to ourselves
Indicate whether the statement is true or false
Economics
When economists speak of "demand" in a particular market, they refer to:
A. The whole demand curve or schedule B. One point on the demand curve C. One price-quantity combination on the demand schedule D. How much of an item buyers want to buy at a given price
Economics