Purchases of stocks and bonds are examples of investment spending
a. True
b. False
B
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Which of the following is a good example of a firm that is not likely to be perfectly competitive?
a. Farmer Joe's wheat. b. Coyote Wile’s beef ranch. c. Captain John's salmon farm. d. Aviator Alan's nonstop airline service from Seattle to Nome.
Over the past century, the growth rate of real GDP in the United States has averaged approximately
a. 1 percent. b. 3 percent. c. 6 percent. d. 10 percent.
If the total sum of squares (SST) in a regression equation is 81, and the residual sum of squares (SSR) is 25, what is the explained sum of squares (SSE)?
A. 64 B. 56 C. 32 D. 18
It is better to protect an infant industry with _______ than ________.
a. a voluntary export restraint; a quota b. a voluntary export restraint; a tariff c. a tariff; a quota d. a quota; a tariff