Multiple Choice
During times of high unemployment, colleges often observe an increase in enrollment even if tuition remains unchanged. Why?
A) Students go to college even when the net benefit is negative.
B) The opportunity cost of attending college is lower when unemployment is high.
C) The opportunity cost of attending college is higher when unemployment is high.
D) The benefit of attending college is lower because college graduates are less likely to find jobs.
Correct Answer:

Verified
Correct Answer:
Verified
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