A scatterplot allows us

A) to mark peaks and troughs.
B) to determine whether a series leads or lags.
C) to see the comovement between two time series.
D) to determine how persistent a series is.


C

Economics

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When it comes to pollution problems, the polluter and the victim can bargain to arrive at the outcome desired by the benevolent social planner

Indicate whether the statement is true or false

Economics

In the U.S., some of the most powerful unions:

A. have organized workers across several markets. B. have nearly 100 percent participation of workers. C. existed in the 1940s. D. All of these statements are true.

Economics

Exhibit 6-9 Cost schedule for firm X OutputQuantity Total FixedCost Total VariableCost 0 $100 $    0 1   100     50 2   100     84 3   100   108 4   100   127 5   100   150 As shown in Exhibit 6-9, the marginal cost of producing the third unit is:

A. $50. B. $16. C. $24. D. $23.

Economics

Assume the marginal propensity to save is 0.10. Firms become optimistic and increase investment spending by $10 billion. Other things being equal, real GDP will:

A. increase by $1 billion. B. not change. C. increase by $10 billion. D. increase by $100 billion.

Economics