Your opportunity cost of taking this course is the:
A. cost of the activity you would have chosen if you had not taken the course.
B. tuition you paid for the course.
C. net benefit of taking this course.
D. net benefit of the activity you would have chosen if you had not taken the course.
Answer: D
Economics
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The majority of the federal government debt is held by government agencies
Indicate whether the statement is true or false
Economics
Which of the following is true at the exchange equilibrium between two individuals?
A) Their marginal rates of substitution are equal. B) The slopes of the individuals' indifference curves are equal. C) Both individuals' marginal rates of substitution are equal to the ratio of the prices of the goods. D) A and B only E) A, B, and C are all true.
Economics