Answer:
The correct answer is letter "B": They are both forms of free money that you will not need to pay back after you graduate.
Explanation:
One of the biggest benefits of grants and scholarships while financing your college expenses is the fact that the amount of money provided for school is not repaid. Compared to college loans that have high-interest rates, <em>there will not be a debt after finishing school</em> with grants and scholarships.
Answer:
(A) Yes. The increased time spent commuting to your new job is a cost that will incur if you accept the offer. The additional time devoted to the new job, or equivalently utilized that time somewhere else and get a benefit is an opportunity cost of accepting the new job.
(B) Yes. If you accept the new job offer then the money income or salary you were earned from the old job is foregone. Therefore, the $45,000 salary from your old job is an opportunity cost of accepting the new job.
(C) No. It is a benefit received from the new job. Hence, it is not an opportunity cost.
Answer:
D. plus net receipts of factor income from the rest of the world
Explanation:
Gross national product (GNP) is the value of all final goods and services produced by a country's residents both at home and abroad.
GNP = Consumption + Investment + Government + Net Export + Net factor income from abroad
Answer: a. The merged firm will operate at higher capacity and may be able to reduce costs through economies of scale and perhaps learning-by-doing, which will benefit U.S. consumers.
Explanation:
A merger occurs when two companies comes together and becomes one. This is done in order to expand the recah of a company, gain a market share, and also expand into new segments.
The plausible reasons for the limited impact of the merger will be because the merger will lead to the operation at a higher capacity which will ensure that there's cost reduction through economies of scale which will be beneficial to the consumers.