Economic costs while attending college


Jon Brooks quit his job in a bicycle shop, where he earned $15,000 per year, to become a graduate student in economics. At the university he attended, he spent $2,000 on books, $1,000 on cough medicine, and earned $12,000 as an economics instructor. What were Jon's economic costs while attending college?

A. $18,000

B. $15,000

C. $6,000

D. $3,000

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Macroeconomics: Economic costs while attending college
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