There is a high correlation between the number of automobiles on the road and the amount of carbon emissions in the atmosphere. This statement is best described as
A. an implication of an efficient market.
B. a normative statement.
C. a marginal statement.
D. a positive statement.
Answer: D
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Suppose that Country A and Country B each had the same per capita real Gross Domestic Product (GDP) of $10,000 in 2008
Country A's per capital real Gross Domestic Product (GDP) had a growth rate of 3 percent per year and Country B's per capital real Gross Domestic Product (GDP) had a growth rate of 4 percent per year. By 2013, the per-capita real Gross Domestic Product (GDP) for the two countries, respectively, were A) $10,300 and $10,400. B) $11,593 and $12,167. C) $14,000 and $16,000. D) $11,941 and $12,653.
Which of the following is not a drawback of forecasting using the compound growth rate method?
A) only considers first and last observations B) considers only equal absolute changes C) disregards fluctuations between the original and terminal observations D) does not consider any trends in the data
Forcing members of a group into certain kinds of occupations is known as statistical discrimination
a. True b. False Indicate whether the statement is true or false
In order to encourage domestic saving, it is necessary to have:
a. a laissez faire economy. b. a balanced fiscal budget. c. a large number of government subsidies. d. a stable system of property rights. e. a highly developed banking system.