Which of the following should not be considered as an opportunity cost of attending college?
a. Expenses that are the same whether or not you attend college
b. Lost salary
c. Business lunches
d. Interest that could have been earned on your money had you put the money into a savings account, rather than spent it on tuition
e. Opportunities sacrificed in the decision to attend college
a
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John makes it a point to save a portion of his salary every month. Assuming all else equal, if the real interest rate increases, it is likely to cause:
A) a downward movement along John's credit supply curve. B) John's credit supply curve to shift to the left. C) John's credit supply curve to shift to the right. D) an upward movement along John's credit supply curve.
In recent years, Taiwan has experienced increases in savings and investment. As a result of the higher investment and saving, we expect
i. increases in physical capital. ii. increases in the inflation rate. iii. advances in technology. A) i, ii and iii B) ii and iii C) ii only D) i and iii E) i and ii