Buyers and sellers who are geographically close to each other are part of a national market.
Answer the following statement true (T) or false (F)
False
Buyers and sellers who are geographically close are part of a local market.
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If Yt is I(2), then
A) ?2Yt is stationary. B) Yt has a unit autoregressive root. C) ?Yt is stationary. D) Yt is stationary.
Government purchases include spending on goods and services by
a. the federal government only. b. state and federal governments only. c. local, state and federal governments. d. local, state and federal governments, as well household spending by employees of those governments.
Taxes levied on sellers and taxes levied on buyers are equivalent
a. True b. False Indicate whether the statement is true or false
A good example of a monopolistic competitive industry is
A. the federal highway system B. wheat farms in the United States. C. the four major textbook publishers together with nearly 90 percent of industry sales. D.the country music industry.