Which of the following conditions will occur when two countries are engaged in a credible, fixed exchange rate regime?
A) E = 1
B) E > 1
C) i = i
D) E < 1
C
Economics
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If the market is unable to allocate resources then
A) there is market failure. B) there is rent-seeking. C) there are no free-riders. D) none of these choices.
Economics
The two stage least squares estimator is less efficient than the ordinary least squares estimator when the explanatory variables are exogenous.
Answer the following statement true (T) or false (F)
Economics
A minimum wage is an example of a
A) price floor. B) price ceiling. C) quantity quota. D) free market equilibrium.
Economics
In 2013, the average person over age 65 covered by Medicaid cost the government
A. $15,483. B. $2,650. C. $938. D. less than the average cost of all Medicaid recipients.
Economics