A person is betting a coin will come up heads or tails. The coin always lands on one of these two outcomes. This person can bet to
A) eliminate only the systematic risk.
B) eliminate only the random risk.
C) eliminate all risk.
D) All of the above.
C
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Reliance on indicators of productivity such as education, experience, and test scores may keep some very good people from getting a job and may result in hiring unproductive people. This is called:
a. worker prejudice. b. statistical discrimination. c. crowding out. d. disparate treatment. e. comparable worth.
In the production function Real GDP = T (L, K), the T represents the tax coefficient
Indicate whether the statement is true or false
Consider the following regression model: yi= 
0+ 1xi + ui. If the first four Gauss-Markov assumptions hold true, and the error term contains heteroskedasticity, then _____.
A. Var(ui|xi) = 0
B. Var(ui|xi) = 1
C. Var(ui|xi) = 
i2
D. Var(ui|xi) = 
When supply changes there is a ____, and when the price changes there is a ____. Question 7 options:
A. movement along the supply curve; shift in the supply curve B. shift in the supply curve; shift in the supply curve C. shift in the supply curve; movement along the supply curve D. movement in the quantity supplied; shift in selling plans E. change in the quantity supplied; change in supply