The more liquid markets are the:
A. lower the interest rates, and the higher the amount of investment.
B. lower the interest rates, and the lower the amount of investment.
C. higher the interest rates, and the higher the amount of investment.
D. higher the interest rates, and the lower the amount of investment.
A. lower the interest rates, and the higher the amount of investment.
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The percentage change in per capita real GDP measures economic growth because it takes into account all of the following variables EXCEPT
A) the percentage change in population. B) the percentage change in nominal GDP. C) the percentage change in the quality of life. D) the percentage change in the inflation rates.
Suppose your expenses for this term are as follows:
tuition: $5,000, room and board: $3,000, books and other educational supplies: $500. Further, during the term, you can only work part-time and earn $4,000 instead of your full-time salary of $10,000. What is the opportunity cost of going to college this term, assuming that your room and board expenses would be the same even if you did not go to college? A) $5,500 B) $8,500 C) $11,500 D) $14,500