Answer the Question. -You Could Take a 15-Week, Three-Credit College Course, Which Requires

question 93

Multiple Choice

Answer the question.
-You could take a 15-week, three-credit college course, which requires 10 hours per week of your time and costs $400 per credit-hour in tuition. Or during those hours you could have a job paying $
12 per hour. What is the net cost of the class compared to working?

• A)$2200
• B)$3000
• C)$520
• D)$1320

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Definitions:

Federal Government

A system of government in which powers and responsibilities are divided between a national government and state or provincial governments.

Surplus Federal Budget

A situation where the federal government's revenues exceed its expenditures within a given fiscal period.

National Saving

The total saving of a country, composed of the savings accumulated by both the private sector and the government, available for investment.

Aggregate Demand

A complete tally of the demand for goods and services in an economy, at an agreed upon price level during a precise time period.