If the CPI basket of goods cost 200 in the reference base period ...

[neverstopbelieb]

If the CPI basket of goods cost 200 in the reference base period and 450 in a later year, the CPI in the later year equals
 
  A) 225.
  B) 250.
  C) 300.
  D) 450.

Question 2

Most students attending college pay tuition and are unable to hold a full-time job. For these students, tuition is
 
  A) part of the opportunity cost of going to college. So are their forgone earnings from not holding a full-time job.
  B) part of the opportunity cost of going to college. Their forgone earnings from not holding a full-time job are not part of the opportunity cost of attending college.
  C) not part of the opportunity cost of going to college, but their forgone earnings from not holding a full-time job are part of the opportunity cost of attending college.
  D) not part of the opportunity cost of going to college. Neither are their forgone earnings from not holding a full-time job.

[cupcake16]

Answer to Question 1

A

Answer to Question 2

A

[neverstopbelieb]

Gracias!

[aliotak]

Excellent