John Is Trying to Decide Whether to Go to College

question 23

Multiple Choice

John is trying to decide whether to go to college or to start working right out of high school.College as an investment is most likely justified when ________ is greater than the cost of going to college.

• A) the present value of the difference between what John would earn as a college graduate and what he would earn as a high school graduate
• B) the present value of what John would earn as a college graduate
• C) the sum of lifetime earnings as a college graduate
• D) the difference between the sum of lifetime earnings as a college graduate and the sum of lifetime earnings as a high school graduate

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Definitions:

Negative Reinforcements

A behavioral psychology concept where the removal of an unpleasant stimulus strengthens a particular response or behavior.

Maudsley Model

An approach to treating anorexia nervosa that involves family-based therapy, focusing on empowering parents to aid their child's recovery.

Anorexic Child

A child suffering from anorexia, an eating disorder characterized by an obsessive fear of gaining weight and severely restricted food intake.

Family Therapy

A form of psychotherapy that involves all members of a nuclear or extended family and aims to address and improve the dynamics within the family system.