To make rational forecasts, your predictions do not have to be correct all of the time
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
If a bank has excess reserves of $4,000 and demand deposit liabilities of $100,000, and if the reserve requirement is 10 percent, then the bank has actual reserves of
A) $14,000. B) $19,000. C) $24,000. D) $29,000.
A free good is one that can be acquired without sacrifice.
a. true b. false
A German individual buys shares in a U.S. company. This transaction will be entered as a
A. credit in the U.S. current account. B. debit in the U.S. capital account. C. debit in the U.S. current account. D. credit in the U.S. capital account.
Refer to the information provided in Figure 9.2 below to answer the question(s) that follow.
Figure 9.2Refer to Figure 9.2. If demand for wheat is D3, then a profit-maximizing firm will produce ________ units and earn ________.
A. 12; negative profits B. 13; exactly a normal return C. 15; positive profits D. 9; positive profits