Which was not a result of the California gold rush?
a. A substantial increase in the money supply.
b. A large increase in GNP.
c. A significant decrease in the prices of farm goods. d.
c. A significant decrease in the prices of farm goods.
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Which of the following will cause the demand curve for gasoline to shift leftward?
a. An increase in the price of gasoline b. An increase in the price of cars c. A decrease in the price of gasoline d. A rightward shift of the supply curve of cars e. A leftward shift of the supply curve of gasoline
In panel data, the regression error
A) is likely to be correlated over time within an entity B) should be calculated taking into account heteroskedasticity but not autocorrelation C) only exists for the case of T > 2 D) fits all of the three descriptions above
Monopolization is a process by which the government restricts the growth of monopoly firms
a. True b. False Indicate whether the statement is true or false
During 2009 and 2010, the federal government financed approximately ______ percent of its spending through borrowing. (Fill in the blank)
a. 20 b. 30 c. 40 d. 60