By the early sixteenth century, the center of wealth and commerce of Europe had shifted:
a. from the Baltic to the Mediterranean.
b. from the Mediterranean to the Atlantic.
c. from Italy to North Africa.
d. from France to Africa.
b. from the Mediterranean to the Atlantic.
You might also like to view...
The expenditure multiplier is typically
A) equal to 1. B) greater than 1. C) negative. D) less than 1 but greater than 0. E) greater than 10.
Refer to the above table. Suppose the firm hires 4 workers and the price of the good sold is $4. The marginal factor cost of labor must be
A) $4. B) $150. C) $3080. D) $600.
Ceteris paribus, which of the following is most likely to cause a decrease in the supply of skateboards?
A. An increase in the price of skateboards. B. An improvement in skateboard-making technology. C. An increase in the cost of materials used to produce skateboards. D. All of the choices are correct.
Which of the following can be used to quantify the overall statistical significance of a regression?
A. t-statistic B. The F-statistic and R-square C. F-statistic D. R-square