According to Keynes, consumer spending was determined by what?
a. Disposable income, expected future income, wealth
b. Disposable income, taxes, expected future income
c. Taxes, expected future income, wealth
d. Income, expected future income, wealth
a. Disposable income, expected future income, wealth
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If a firm in Thailand borrows dollars from a U.S. bank, its interest payments on the loan in bahts will decrease if the baht appreciates against the dollar
Indicate whether the statement is true or false
In Figure 33.4, what is the wage rate received by workers after the imposition of the payroll tax?
A. W2. B. W3. C. W5. D. W4.
The square root of the quantity ?is called the _____ forĀ
.
A. heteroskedasticity-robust t statistic? B. ?heteroskedasticity-robust standard error C. ?heteroskedasticity-robust F statistic D. ?heteroskedasticity-robust Wald statistic
A retailer X that is operating at a loss gets bought out by a larger chain of department stores, which shuts down the brand, using its assets for their own brand,
a. Wealth is destroyed since the company shut down b. Wealth is created since the resources were of lesser value under the X brand and are now worth more c. Wealth is neither created nor destroyed since the total amount of resources stay the same d. None of the above