# Econ (1).pdf - 1 iChapter i1u2014Economics iThe iWorld...

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1. i Chapter i 1 Economics: i The i World i Around i You i Question i MC i #1 i According i to i the i text, i over i their i lifetimes i college-educated i people i earn *a. i nearly i twice i as i much i as i people i without i college i degrees. b. i nearly i 10 i times i as i much i as i people i without i college i degrees. c. i more i than i people i with i limited i college i but i less i than i those i with i just i a i high i school i degree. d. i more i than i people i with i a i high i school i degree i but i no i more i than i those i with i two i years i of i college. e. i more i than i those i without i a i college i degree i for i the i first i ten i years i of i working, i but i after i that i the i two i are i nearly i the i same. 2. i Chapter i 1 Economics: i The i World i Around i You i Question i MC i #2 i According i to i the i text, i the i objective i of i economics i is *a. i to i understand i why i the i real i world i is i what i it i is.