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) during periods of high unemployment, tuition fees are reduced.
C) when prospects for getting a job are poor, the opportunity cost of going to university is lower.
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
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