1. Which of the following is least likely to be part of the opportunity cost of a college degree?
A. tuition.
B. forgone earnings.
C. room and board charges.
D. None of the above is correct.
2. An increase in the interest rate is expected to cause the optimal level of human capital investment for an individual to:
A. rise.
B. fall.
C. remain unchanged.
D. None of the above is correct.