If Xavier gives up a job in which he earns 23,000 per year in ...

[jwb375]

If Xavier gives up a job in which he earns 23,000 per year in order to go to college full time, his foregone income is part of the opportunity cost of going to college.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Government purchases, under the expenditure approach to GDP accounting, includes all of the following except:
 a. welfare payments.
 b. salaries of senators.
 c. fighter jets purchased by the government.
  d. the military payroll.

[mammy1697]

Answer to Question 1

True

Answer to Question 2

a

[jwb375]

Thank you

[mammy1697]

Happy to help you