Multiple Choice
It has been observed that university enrollment in Canada is higher during periods of high unemployment.A possible explanation for this is that
A) when prospects for getting a job are poor,the opportunity cost of getting a job is lower.
B) when prospects for getting a job are poor,the opportunity cost of going to university is lower.
C) during periods of high unemployment,tuition fees are reduced.
D) during periods of high unemployment,the opportunity cost is no longer relevant.
E) when prospects for getting a job are poor,the opportunity cost of doing nothing is higher.
Correct Answer:

Verified
Correct Answer:
Verified
Q60: Which of the following statements best describes
Q61: The diagram below shows two production possibilities
Q62: The diagram below shows two production possibilities
Q63: Figure 1- 2 With a budget of
Q66: FIGURE 1- 1<br>With a budget of $200
Q67: The opportunity cost of producing good A
Q68: The table below illustrates that,in one
Q69: The table below illustrates that,in one
Q70: Figure 1- 2With a budget of $500
Q114: With a budget of $500 000,a school