Choices - Applications

1. Give examples of how to improve your human capital. Explain how an athlete invests in his or her human capital.

2. Analyze the consequences of choosing NOT to study for a final exam and identify when those consequences occur.

3. Explain how a high school senior's decision to work 20 hours per week during the school year could reduce her lifetime income. Also, explain how an increase in the legal minimum wage aimed at improving the financial condition of some low income families could reduce the income of some minimum wage earners.