Karl Marx said the people who control a society are the people who
A. run the government.
B. own the land.
C. own the plant and equipment.
D. work in the factories.
C. own the plant and equipment.
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If the dollar's value changes from 120 yen per dollar to 110 yen per dollar, the dollar has
A) depreciated. B) appreciated. C) demanded. D) devalued.
It is possible that a voucher program could erode the public nature of public schools, effectively turning all schools into private schools
a. True b. False
A risk-averse person has
a. a utility function whose slope gets flatter as wealth rises. This means they have increasing marginal utility of wealth. b. a utility function whose slope gets flatter as wealth rises. This means they have diminishing marginal utility of wealth. c. a utility function whose slope gets steeper as wealth rises. This means they have increasing marginal utility of wealth. d. a utility function whose slope gets steeper as wealth rises. This means they have diminishing utility of wealth.
?If each variable in a single cross-sectional equation is differenced over time, then it is called the:
A. ?unobserved effects model. B. ?first-differenced estimator. C. ?fixed effects model. D. ?first-differenced equation.