The reforms, acts and programs that emerged during the New Deal were dissolved quickly at the end of the Great Depression. On this front, the New Deal command economy was similar to the World War I command economy

Indicate whether the statement is true or false


False

Economics

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Which of the following tests is used to compare the Ordinary Least Squares (OLS) estimates and the Weighted Least Squares (WLS) estimates?

A. The White test B. The Hausman test C. The Durbin-Watson test D. The Breusch-Godfrey test

Economics

Whirlpool Corporation buys steel in sheets to manufacture refrigerators. Whirlpool also buys a new factory and a metal press to mold the steel. Which purchases are included in GDP?

A. The steel B. The steel, the factory, and the metal press C. The factory and the metal press D. The steel and the metal press

Economics

If the Fed increases the required reserve ratio, how will this affect excess reserves and the money supply?

A. Both will increase. B. Excess reserves increase and the money supply decreases. C. Both will decrease. D. Excess reserves decrease and the money supply increases.

Economics

What does the slope of the curved line at point A shown in the above figure equal?

What will be an ideal response?

Economics