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You are a student at a university. You pay $8,000 per year in tuition, $5,000 per year in living expenses, and $1,000 per year for books. Were you not in school, you could earn $15,000 per year and you would not live with your parents. What is your economic cost of a year in college?
Natural Rate
An economic concept referring to the level of unemployment, interest, or growth that exists without interference in a free market.
Radioactive Waste
Hazardous waste material that contains radioactive substances and requires special handling and disposal to protect human health and the environment.
Genetic Mutations
are changes in the DNA sequence of an organism, which can lead to variations in physical traits or increased susceptibility to certain diseases.
The Simpsons
An American animated sitcom that satirizes middle-class American life, focusing on the Simpson family in the fictional town of Springfield.
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