Joanne states: "The best way to increase the wages of workers is to increase worker productivity." Is Joanne correct? Why or why not?
Joanne is correct. High productivity is the source of high wages. When the output per hour of workers is high, the real wages of the workers will also be high.
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Which of the following is true of the Fed? a. The law lets the Fed decide how best to promote full employment and output in the U.S. economy. b. It relies heavily on Congressional appropriations
c. The president sits on the Board of Governors. d. Congress must approve any new monetary policy. e. The president must approve any new monetary policy.
The Gini coefficient measures:
A. income inequality. B. poverty prevalence. C. average income per person. D. change in average income per person over time.
If $1 = 96 Japanese yen on Wednesday and on Thursday $1 = 100 Japanese yen, then the dollar depreciated against the yen between Wednesday and Thursday
Indicate whether the statement is true or false
The linear regression equation, Y = a + bX, was estimated. The following computer printout was obtained: 
Given the above information, which of the following statements is correct at the 1% level of significance?
A. â is statistically significant, but b? is not. B. b? is statistically significant, but a? is not. C. Neither â nor b? is statistically significant. D. Both â and b? are statistically significant.