During the Great Depression of the 1930s, unemployment peaked at _____ percent.
A. 5
B. 10
C. 20
D. 25
E. 30 percent
Answer: D
You might also like to view...
The M2 measure of the money supply includes
a. M1 plus credit cards. b. M1 plus savings deposits, small time deposits, and money market funds. c. M1 plus Eurodollars. d. M1 minus Eurodollars.
Suppose that in order to estimate of the average effect of participation in a job training program (train) on wage, you included controls for education (educ), years of experience (exper) in your model: log(wage) = 
+ 
src="@@PLUGINFILE@@/ppg__cognero__Ch_04_Multiple_Regression_Analysis_Inference__media__e3baf041-ac3e-49d5-b31e-a5631cd7f6db.PNG" style="vertical-align:middle;" /> + 
+ 
+ u . Which of the following is a reason why the coefficient, 
, might be biased?
A. Exper is uncorrelated with train.
B. Educ is likely correlated with both wage and train .
C. Educ and exper are highly correlated with each other.
D. There might be some other variable that is also correlated with both wage and train.
Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. higher; potential D. lower; higher
As the accounting industry expands, the demand for certified public accountants (CPAs) also increases, which causes the salaries of CPAs to increase. This is an example of
A. diseconomies of scale. B. increasing marginal returns. C. economies of scale. D. constant returns to scale.