Andreas four year university degree

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Q1. If the government reports that "GDP increased at an annual rate of 6.0 percent for the fourth quarter of 2010," by how much did GDP increase?

Q2. Suppose Andrea has a job that pays her $25 000 per year (after taxes). She is considering quitting her job and going to university full time for four years. Tuition fees and books will cost $12 000 per year. Living expenses will cost $10 000 per year. What is the opportunity cost of Andrea's four year university degree?

Reference no: EM136478

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