Question -
You have a full-time job but you decide to go to a college and be a full-time student. What is your total economic cost to be a full-time student? Provide and discuss two items of explicit cost and two items of implicit cost. Make any assumption if it helps your description.
Use your own words to explain why the PPF is usually considered as a bowed-out shape? Try to give an example.
Provide five measures or indicators that can quantify "health". Describe whether the measure applies to individuals, populations, or specific groups. Justify each one (the higher the measure, the healthier or the opposite? Why?) and discuss its limitation.