Ryan Must Decide Whether or Not to Go to Law

question 109

Multiple Choice

Ryan must decide whether or not to go to law school. He knows that he can earn $50,000 per year with his bachelor's degree, but he expects to earn a minimum of $58,000 per year with the law degree. An economist would advise him to

• A) take the job that just requires the bachelor's degree.
• B) go to law school, but only if he can finish within 3 years.
• C) go to law school.
• D) consider costs, revenues, and any nonmonetary job considerations he might have also.

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Definitions:

Blood

A vital fluid in humans and animals containing red and white cells in a liquid plasma, responsible for transporting nutrients and oxygen to cells and removing waste products.

Congestive Heart Failure

A condition in which the heart is unable to pump blood effectively, leading to congestion of blood in the organs.

Left-sided Heart Failure

A condition where the left side of the heart is unable to pump blood efficiently, leading to a buildup of fluid in the lungs.

Atherosclerosis

A condition characterized by the hardening and narrowing of the arteries due to the build-up of plaque on the artery walls, which can lead to cardiovascular diseases.