It Has Been Observed That University Enrollment in Canada Is

question 50

Multiple Choice

It has been observed that university enrollment in Canada is higher during periods of high unemployment. A possible explanation for this is that

• A)when prospects for getting a job are poor, the opportunity cost of getting a job is lower.
• B)during periods of high unemployment, tuition fees are reduced.
• C)when prospects for getting a job are poor, the opportunity cost of going to university is lower.
• D)during periods of high unemployment, the opportunity cost is no longer relevant.
• E)when prospects for getting a job are poor, the opportunity cost of doing nothing is higher.