The Higher the Opportunity Cost of Doing Something,the More Likely

question 138

True/False

The higher the opportunity cost of doing something,the more likely it will be done.

Understand economic indicators like Gross National Product (GNP) and Gross Domestic Product (GDP) and their implications.

Analyze the representation of global issues in media and its discrepancies with reality.

Recognize the historical and contemporary efforts of land reform and its geographical occurrences.

Identify the proposed reforms for transitioning to democratic globalization from neoliberal globalization.

---

Definitions:

Unrealized Gains and Losses

Profits or losses that arise from changes in the value of investments or assets that have not yet been sold or realized.

Other Comprehensive Income

A component of shareholders' equity, consisting of income that is not realized and hence not included in the net income (loss), such as unrealized gains or losses on available-for-sale securities.

GAAP

Generally Accepted Accounting Principles, which are a set of rules and standards for financial reporting used in the United States.

Amortized Cost

The progressive reduction of a debt or the cost of an intangible asset over a specified time period.