Firms that produce ________ products must be ________ competitive
A) differentiated; imperfectly
B) differentiated; perfectly
C) standardized; imperfectly
D) standardized; perfectly
E) exported; imperfectly
A
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Consumption expenditures do not include household purchases of
A) medical care. B) durable goods. C) new houses. D) education.
Suppose output is $1000 billion, government purchases are $200 billion, desired consumption is $700 billion, and desired investment is $150 billion. Net foreign lending would be equal to
A) -$150 billion. B) -$50 billion. C) $50 billion. D) $150 billion.
Explain the concept of notional principal used in swaps.
What will be an ideal response?
The manufacturer of Beanie Baby dolls used quarterly price data for 2005 I - 2013 IV (t = 1, ..., 36) and the regression equationPt = a + bt + c1D1t + c2D2t + c3D3tto forecast doll prices in the year 2014. Pt is the quarterly price of dolls, and D1t, D2t, and D3t are dummy variables for quarters I, II, and III, respectively. 
At the 2 percent level of statistical significance, the estimation results indicate that price in the ________ quarter is significantly higher than in any other quarter.
A. 1st B. 2nd C. 3rd D. 4th