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Author Question: The high-school dropout rate typically declines during a recession because A) more money flows ... (Read 95 times)

soccerdreamer_17

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The high-school dropout rate typically declines during a recession because
 
  A) more money flows into the public sector as the flow declines in the private sector.
  B) teachers become more readily available during a recession.
  C) the opportunity cost of continuing in school falls in a recession.
  D) the demand for education rises in a recession.
  E) the legal school-leaving age is a function of the unemployment rate.

Question 2

Commercial society provides incentives to specialize by
 
  A) following one's comparative disadvantage.
  B) pursuing one's comparative advantage.
  C) producing somewhere outside the production possibilities frontier.
  D) producing a narrowly defined good without an interest in the wealth it generates to the producer.



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bitingbit

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Answer to Question 1

C

Answer to Question 2

B




soccerdreamer_17

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


AngeliqueG

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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