When a variable can take on different values
a. it is a random variable
b. it is a dependent variable
c. it is an dummy variable
d. it is an endogenous variable
a
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The techniques of regulation used in the U.S. are
(a) meant to solve basic problems, but they create others. (b) meant to re-enforce the "decisions of the marketplace." (c) meant to manage problems rather than solve them. (d) designed to make the economy more efficient than is possible with only the free market mechanism.
A corporate merger occurs when: a. two formerly separate firms combine to become one single firm
b. one firm purchases another firm. c. two formerly separate firms decide to charge the same price for a product. d. one firm follows the exact actions of another firm.
Which of the following decisions are complicated by the value of money changing over time?
A. Buying a $100 concert ticket B. Buying a $100 blender C. Buying a $100 sweater D. Buying a $100 stock
What happens when demand increases and supply does not change
What will be an ideal response?