Correctly Complete the Following Sentences from the Options Below

question 61

Short Answer

Correctly complete the following sentences from the options below.
(a) Giving up work to study full- time:
(b) Working full- time and studying part time:
(c) Walking slowly instead of speedily to lectures:

(i) the opportunity cost is the alternative use of time.
(ii) the opportunity cost is wages.
(iii) the opportunity cost is leisure time.

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Definitions:

Imprisoned Americans

Citizens of the United States who are serving time in prison or jail.

Spousal Abuse

A form of domestic violence characterized by a pattern of abusive behavior by one partner against another in an intimate relationship such as marriage.

Multiculturalism

Term that became prominent in the 1990s to describe a growing emphasis on group racial and ethnic identity and demands that jobs, education, and politics reflect the increasingly diverse nature of American society.