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What is the opportunity cost of choosing to work instead of attending school?

The opportunity cost of choosing to work instead of attending school is the potential benefits and opportunities that could have been gained from getting an education, such as higher earning potential, career advancement, and personal development.


What is another way to say 'what are the advantages of'?

Instead of saying advantages the word benefits can be used. An alternative to the entire phrase is 'I would like to know the benefits, please'.


Why are transfer payments not included in GDP?

Transfer payments are not included in GDP because they do not reflect actual production of goods and services in the economy. Instead, transfer payments are simply transfers of money from one group to another, such as government benefits or subsidies, and do not directly contribute to the overall economic output.


What benefits can you receive if you use paydayone?

Instead of waiting in lines, you can do it all online. It's faster, and you get your results quickly. Downsides would be steep interest rates and potential unsafeness.


What are some examples of opportunity costs and how do they impact decision-making?

Opportunity costs are the benefits that are forgone when choosing one option over another. For example, if you choose to go to a concert instead of studying for an exam, the opportunity cost is the potential higher grade you could have achieved by studying. Another example is choosing to spend money on a vacation instead of saving for a new car, where the opportunity cost is delaying the purchase of the car. Understanding opportunity costs helps individuals make more informed decisions by weighing the benefits and drawbacks of each choice.


What is a reason not to give another country technology?

They may use it against you if it is something that can be weaponized. If it is for social or economic advancement instead then could benefit your own country in trade in the future


On what economic activities did the europeans focus instead?

great bristish


Can you delay your social security benefits and take your ex-husbands instead?

You have no claim on your former spouse's SS benefits.


What are the potential risks of a cat playing with its food instead of eating it?

When a cat plays with its food instead of eating it, there are potential risks such as attracting pests, wasting food, and not getting proper nutrition.


What are the benefits of investing in no dividend stocks?

Investing in no dividend stocks can offer potential for higher capital gains as the company reinvests profits for growth instead of paying dividends to shareholders. This can lead to increased stock value over time.


What are the risks and benefits associated with shorting mortgage bonds?

Shorting mortgage bonds can offer the benefit of potential profit if the bond prices decrease. However, it also carries risks such as unlimited losses if the bond prices rise instead.


What was the intent of lenins new economic policy (NEP)?

The New Economic Policy (NEP) was intended to reverse some of the economic ravages caused by the previous policy of War Communism had inflicted on the country.