You want to run a difference-in-difference experiment with a price increase for the bacon cheeseburger item on your menu. If you are worried about the "representativeness" with your control group, a poor comparison menu item would be

a. soft drink sales
b. the bacon burger without cheese
c. the bacon-lettuce-and-tomato sandwich
d. the regular cheeseburger


a

Economics

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A good or service or a resource is nonrival if

A) it is possible to prevent someone from enjoying its benefits. B) it is not possible to prevent someone from enjoying its benefits. C) its use by one person decreases the quantity available for someone else. D) its use by one person does not decrease the quantity available for someone else.

Economics

What additional sources of risk come from international investments?

What will be an ideal response?

Economics

If the Fed purchases U.S. government securities, gross domestic product:

a. increases because the resulting increase in the interest rate leads to a decrease in investment. b. increases because the resulting decrease in the interest rate leads to an increase in investment. c. decreases because the resulting increase in the interest rate leads to a decrease in investment. d. decreases because the resulting increase in the interest rate leads to an increase in investment. e. decreases because the resulting decrease in the interest rate leads to an increase in investment.

Economics

In general, a society will benefit more, the more interdependent it is

a. True b. False

Economics