A college student's choice of a major and an occupation reflects:
a. each college student's future expectation of wage inflation.
b. a lack of information on the part of the students.
c. a lack of proper education and vocational training.
d. the return on investment in human capital.
e. the opportunity costs each college student faces.
e
Economics
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Which of the following represents the relationship between disposable income (DI), consumption (C), and saving (S)?
A) DI = C * S B) DI + C = S C) DI = C - S D) DI = C + S
Economics
In economics, abstraction from reality is necessary because of the complexity of the real world
a. True b. False Indicate whether the statement is true or false
Economics