Your income will increase if the Federal Reserve buys a Treasury ...

[justinmsk]

Your income will increase if the Federal Reserve buys a Treasury bill from you and pays you with a check from the Fed.
 
  Indicate whether the statement is true or false

Question 2

Which of the following are components of the opportunity cost of being a full-time student? The cost of:
 
  What will be an ideal response?

[Chocorrol77]

Answer to Question 1

FALSE

Answer to Question 2

 Tuition and books
The costs of tuition and books are part of the opportunity cost of being a full-time student because these expenses are paid only because the person is a student.
 Residence and a meal plan
The costs of residence and a meal plan are not part of the opportunity cost of being a full-time student because expenses for housing and meals would be paid, perhaps by the student or perhaps by his or her family, even if the person was not a student.
 A subscription to the New Yorker magazine
If the subscription was required by a class and the individual subscribed only because of the class requirement, then the cost of the subscription is an opportunity cost of being a student. However if the person would have subscribed to the New Yorker even if he or she was not a student, then the cost of the subscription is not an opportunity cost of being a student.
 The income a student will earn after graduating
The income earned after graduation is not an opportunity cost of being a student.