If the U.S. dollar depreciates in the foreign exchange market, U.S. exports will be __________ and U.S. imports will be __________
A) relatively less expensive; relatively less expensive
B) relatively less expensive; relatively more expensive
C) relatively more expensive; relatively more expensive
D) relatively more expensive; relatively less expensive
E) unaffected; relatively less expensive
B
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Which of the following shifts the demand curve for movie downloads rightward?
A) a decrease in the price of downloading a movie B) a 10 percent increase in people's income if movie downloads are a normal good C) a decrease in the price of cable television service D) an increase in the quantity and quality of programming included in the basic cable television service package
How is the sacrifice ratio measured? How big is the sacrifice ratio in the United States? In other countries? What problems are there in measuring the sacrifice ratio?
What will be an ideal response?
If 
j is an OLS estimator of a regression coefficient associated with one of the explanatory variables, such that j = 1, 2, …., n, asymptotic standard error of 
j will refer to the:
A. estimated variance of 
j when the error term is normally distributed.
B. estimated variance of a given coefficient when the error term is not normally distributed.
C. square root of the estimated variance of 
j when the error term is normally distributed.
D. square root of the estimated variance of 
j when the error term is not normally distributed.
The relationship between environmental harm and national income per person for arsenic water pollution exhibits a(n)
A. inverted U-shaped curve. B. U-shape curve. C. downward sloping curve. D. upward sloping curve.