Net exports are positive when
A. a nation's exports of goods and services exceed its imports.
B. a nation's imports of goods and services exceed its exports.
C. a nation's exports of goods exceeds its imports.
D. a nation's exports of services exceeds its imports.
A. a nation's exports of goods and services exceed its imports.
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Refer to the above table. How many worker will this firm hire if the weekly wage rate is $1350?
A) 28 B) 25 C) 26 D) 27
The three functions of money are medium of exchange,
a. measure of value, and standard of value. b. measure of value, and store of value. c. standard of value, and store of value d. medium of value, and store of value. e. measure of value, and deferred value.
A monopolist faces a demand curve that is
a. more elastic than a perfectly competitive firm's demand curve b. the market demand curve c. downward sloping as is the perfectly competitive firm's demand curve but the monopoly's demand curve is more inelastic d. horizontal as is the perfectly competitive firm's demand curve but the monopoly's demand curve is more inelastic e. totally insensitive to changes in consumer tastes
Which of the following statements is true?
A. A model shows the estimated parameters of the explanatory variables. B. A model represents a population relationship. C. In an empirical paper, the estimation methods should be discussed before specifying a model. D. The methods for estimating a model are same as the model itself.