Macroeconomics, read the attached case study (s) and respond to the questions
What is your opportunity cost of attending college full time this year? What was the best alternative you gave up? If you held a full-time job, you have some idea of the income you gave up to attend college. Suppose you expected to earn $20,000 a year, after taxes, from a full-time job. As a full-time college student, you plan to work part time during the academic year and full time during the summer, earning a total of $10,000 after taxes. Thus, by attending college this year, you gave up after-tax earnings of $10,000 (= $20,000 – $10,000).
There is also... the direct cost of college itself. Suppose you are paying $6,000 this year for in-state tuition, fees, and...