A firm is experiencing theft problems at its warehouse. A consultant to the firm believes that the dollar loss from theft each week (T) depends on the number of security guards (G) and on the unemployment rate in the county where the warehouse is located (U measured as a percent). In order to test this hypothesis, the consultant estimated the regression equation T = a + bG + cU and obtained the following results: 
Based on the above information, hiring one more guard per week will decrease the losses due to theft at the warehouse by ________ per week.
A. $130
B. $480.92
C. $211
D. $5,150
Answer: B
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In 2008, the Fed and the Treasury began attempting to stabilize the commercial banking system through the Troubled Asset Relief Program (TARP) by
A) providing funds to banks in exchange for stock. B) permitting banks to sell commercial bonds to the Federal Reserve Bank. C) allowing banks to double any outstanding claims for federal deposit insurance reimbursements. D) allowing domestic banks to be taken over by foreign banks.
When a good is nonrivalrous in consumption, then: a. consumption by an additional individual will significantly reduce the benefits derived by others from a public good. b. individuals who refuse to pay for a public good cannot be excluded from benefiting from it
c. consumption by an additional individual does not prevent others from benefiting from a public good. d. individuals who refuse to pay for a public good can be excluded from benefiting from it.
In a price system, changes in prices
A. signal to everyone in the system what goods are relatively more or less scarce. B. signal to policy makers what goods should and should not be taxed more. C. make it difficult for the system to function well. D. imply that people have made mistakes in the past.
Much did the U.S. Congress allocate to the Troubled Asset Relief Program in 2008?
A. $170 billion. B. $700 billion. C. $787 billion. D. $885 billion.