Tracy quits her job, which pays $25,000 a year, to finish her college degree. Her annual college expenses are $12,000 for tuition and fees and $1,000 for books. What is her opportunity cost of attending college for the year?

If total product is rising as more workers are hired, MPP must be positive

Indicate whether the statement is true or false

China's capital market is:

a. efficient because it lends to large companies b. is comprised of private lenders who are willing to led for long maturities c. noted for lending based on political considerations d. does not discriminate between public and private borrowers e. none of the above