Which of the following is(are) the main factor(s) spurring economic growth?
A. Improving technology.
B. More and better capital.
C. More and better labor.
D. All of these cause economic growth.
D. All of these cause economic growth.
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If inflation is higher in the home market, what is expected to happen to the real value of the home currency as time passes?
What will be an ideal response?
Which of the following policy measures authorized investors to bring lawsuits against credit-rating agencies for a reckless failure to get the facts when providing a credit rating?
A) the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 B) Sarbanes-Oxley Act of 2002 C) Global Legal Settlement of 2002 D) Gramm-Leach-Bliley Act of 1999 E) Riegle-Neal Act of 1994
If scientists discover that steamed milk, which is used to make lattés, prevents heart attacks, what would happen to the equilibrium price and quantity of lattés?
a. Both the equilibrium price and quantity would increase. b. Both the equilibrium price and quantity would decrease. c. The equilibrium price would increase, and the equilibrium quantity would decrease. d. The equilibrium price would decrease, and the equilibrium quantity would increase.
High (but not perfect) correlation between two or more independent variables is called _____.
A. heteroskedasticty B. homoskedasticty C. multicollinearity D. micronumerosity