Author Question: MPI refers to the percentage of additional domestic income spent on imports. a. True b. False ... (Read 256 times)

123654777 · **on:** Jun 30, 2018

MPI refers to the percentage of additional domestic income spent on imports.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The opportunity cost of attending a university for a year is measured by:
a. the tuition fees incurred.
b. the size of the student loans the student becomes responsible for.
c. the sum of all expenditures on rent, food, books, and tuition incurred during the school year.
d. the value of the best opportunity or opportunities foregone in order to enroll for the year.