Which Statement(s) Is/are True? 1 If Unemployment Increases, the Opportunity

question 209

Multiple Choice

Which statement(s) is/are true? 1 If unemployment increases, the opportunity cost of attending college decreases.
2 If men generally earn more than women, the opportunity cost of not attending college is higher for men than for women.

• A) 1 only
• B) 2 only
• C) 1 and 2
• D) neither 1 nor 2
• E) impossible to tell without more information

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Definitions:

G.W.F. Hegel

A German philosopher best known for his contributions to German idealism, particularly his concepts of the absolute, the dialectic process, and the historical development of consciousness.

Proletariat

The working-class people or those without access to the means of production, who sell their labor to live, according to Marxist theory.

Class-in-itself

A concept that describes a group of people who share the same economic position but are not yet aware of their shared interests.

Exploitation

The act of using someone unfairly for one's own advantage, especially in economic terms, often neglecting the exploited party's welfare.