In a linear regression equation of the form Y = a + bX, the slope parameter b shows
A. ?X / ?Y.
B. ?X / ?b.
C. ?Y / ?b.
D. ?Y/ ?X.
E. none of the above
Answer: D
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Increases in the productivity of labor result partly from
A. increases in the quantity of labor. B. improvements in technology. C. the law of diminishing returns. D. reductions in wage rates.
Equilibrium is reached where there is no inherent force causing quantity supplied or quantity demanded to change
a. True b. False Indicate whether the statement is true or false
Stock in Frozen Dreams, an ice cream manufacturer, has a price to earnings ratio of 24 . Is this comparatively high or low? What are two explanations for the size of this company's price to earnings ratio?
Prospective sunk costs
A) are relevant to economic decision-making. B) are considered as investment decisions. C) rise as output rises. D) do not occur when output equals zero.