In the calculation of the cost of going to college, an economist would always include the cost of room and board.

Name: In the calculation of the cost of going to college, an economist would always include the cost of room and board.
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An economist would only include the cost of room and board if it is an additional expense incurred specifically because of attending college, not if it is a cost that would be incurred regardless of attending college.

In the Calculation of the Cost of Going to College