Wendy Stayed Home from Work for a Year After Her

Wendy stayed home from work for a year after her son was born, forfeiting the salary she earned as a loan officer for a bank. When she decided to go back to work, her position was filled and she had to find another one. The position she landed was at a slightly lower level, and the pay was somewhat less. Economists would talk about these as:

A) cost benefit analysis
B) the rewards and costs paradigm
C) opportunity costs
D) FMLA costs
E) direct financial costs

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