For a College Student Who Wishes to Calculate the True

question 176

Multiple Choice

For a college student who wishes to calculate the true costs of going to college, the costs of room and board

• A) should be counted in full, regardless of the costs of eating and sleeping elsewhere.
• B) should be counted only to the extent that they are more expensive at college than elsewhere.
• C) usually exceed the opportunity cost of going to college.
• D) plus the cost of tuition, equals the opportunity cost of going to college.

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Definitions:

Latency Stage

A phase in Freud’s psychosexual development occurring between ages 6 and puberty, where sexual urges are repressed, and children focus on social and intellectual skills.

Postpone Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward.

Personality

A unique set of emotional, thought, and behavioral patterns that define an individual's typical responses to situations.

Pleasure Principle

A theory in psychoanalytic psychology proposing that people seek pleasure and avoid pain to satisfy biological and psychological needs.