Suppose You Find €30

question 39

Multiple Choice

Suppose you find €30. If you choose to use the €30 to go to a football match, your opportunity cost of going to the game is:

• A) Nothing, because you found the money.
• B) €30 (because you could have used the €30 to buy other things) plus the value of your time spent at the game.
• C) €30 (because you could have used the €30 to buy other things) plus the value of your time spent at the game, plus the cost of the dinner you purchased at the game.
• D) €30 (because you could have used the €30 to buy other things).
• E) None of these answers

---

Definitions:

Real GDP

A measure of a country's economic output adjusted for price changes (inflation or deflation), reflecting the true value of goods and services produced.

Aggregate Demand

Whole demand for merchandise and services in an economy, at a particular overall price point within a defined temporal scope.

Money Supply

The sum of all financial assets in an economy at a particular time, encompassing cash, deposits in banks, and other easily convertible assets.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of all final goods and services produced within a country's borders in a given year, reflecting the real quantity of production.