To finance a budget deficit the federal government borrows funds
Indicate whether the statement is true or false
True
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The binary variable interaction regression
A) can only be applied when there are two binary variables, but not three or more. B) is the same as testing for differences in means. C) cannot be used with logarithmic regression functions because ln(0) is not defined. D) allows the effect of changing one of the binary independent variables to depend on the value of the other binary variable.
A price ceiling set below the equilibrium price will result in a shortage
a. True b. False
Social insurance programs are designed to:
A. keep those in chronic poverty fed, clothed, and housed. B. protect against the temporary hard times that can lead to transient poverty. C. aid those communities that become impoverished. D. None of these is true.
Isocost lines associated with ______ total cost lie ______ the origin.
A. lower; farther from B. higher; farther from C. higher; closer to D. sunk; closer to