When the method used to collect a sample biases any conclusions that might be drawn from it, the sample is said to have a selection bias
Indicate whether the statement is true or false
T
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The public, by raising the currency-to-deposit ratio, ________ the deposit creation multiplier, ________ the money supply
A) raises, and raises B) raises, yet does not affect C) lowers, yet does not affect D) lowers, and lowers E) does not affect, yet raises
If the money supply is held constant as both real and nominal GDP are rising. a. the velocity of money will rise. b. the velocity of money will fall. c. interest rates will rise
d. both (a) and (c)
If a nation has a comparative disadvantage in the production of some commodity, a. it can gain from international trade in that commodity only if it has an absolute advantage in that commodity. b. it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if they produced it domestically. c. it cannot gain from international trade in the
commodity. d. it cannot gain from international trade unless it has an absolute advantage in every other commodity.
Which of the following contributed most to the large increases in poverty since 1960?
a. increases in air pollution and other externalities b. federal government budget deficits c. the increase in the number of elderly individuals d. rising poverty rates among households headed by females e. the increase in the number of households headed by females