Suppose All 18-Year-Olds Are Identical in Every Way Except That

question 19

Multiple Choice

Suppose all 18-year-olds are identical in every way except that some have easy access to credit (i.e., they face a low interest rate when borrowing money) while others have a difficult time accessing credit (i.e., they face a high interest rate when borrowing money) . Which of the following statements is not true?

• A) Those who have easy access to credit have a lower rate of discount than those who do not have easy access to credit.
• B) Those who have easy access to credit will be more likely to go to college than those who do not have easy access to credit.
• C) The present value calculation of college will be higher for those who have easy access to credit than for those who do not have easy access to credit.
• D) Some people who have easy access to credit will not go to college.
• E) No one without easy access to credit will go to college.

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Definitions:

Single Placenta

Refers to one placenta supporting the development of one or more fetuses, typical in the case of monozygotic (identical) twins.

Schizophrenia

A psychiatric disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Fluid-Filled Areas

Regions within the body or its parts that contain fluids, such as the aqueous and vitreous humors in the eye.

Cerebral Tissue

The specialized tissue that makes up the cerebrum of the brain, involved in multiple functions including processing sensory information, and governing intelligence and behavior.