The total sum of squares is 400 and the sum of squares errors is 100, what is the coefficient of determination?
A) 25
B) 0.75
C) 1.00
D) 0
B
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In a perfectly competitive situation, the profit-maximizing hiring situation for all inputs being used is where
A) the MRP of each input is equal to the price of each input. B) the MRP of each input is greater than the price of each input. C) the MRP of each input is less than the price of each input. D) There is no relationship between MRP and the prices of the inputs.
If a company offers a consultant the following five alternatives, which should she choose?
a. to be paid $50,000 now b. to be paid $30,000 now and $20,000 when the project in question is completed c. to be paid $25,000 now and $25,000 when the project in question is completed d. to be paid $10,000 now and $40,000 when the project in question is completed e. to be paid $50,000 when the project in question is completed
Describe the main explanations for the downward rigidity of wages in the modern macroeconomy. Evaluate their probability of being correct and important
Identify the three components of aggregate expenditure aside from consumption, and briefly identify factors that influence them.
What will be an ideal response?