One opportunity cost associated with going to college is

A) purchasing text books.
B) paying tuition.
C) giving up employment possibilities while in college.
D) paying for room, board, and other living expenses.

Answer: C

Economics

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The total labor force is 100,000 out of a possible working age population of 160,000. The total number of unemployed is 8,000. What is the unemployment rate?

A. 7 percent B. 6 percent C. 5 percent D. 8 percent

Economics