When government agents are sent as actors into a bank to test whether loans are more likely to be granted to whites than blacks, they are using a statistical technique called
A. regression.
B. standard deviating.
C. quadratification.
D. auditing.
Answer: D
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When crowding out occurs in an economy, it can reduce expenditures for
A. business investments. B. both consumer purchases and business investments. C. consumer purchases. D. government purchases.
Specialization allows a society to produce ________ goods.
A. the same amount of B. fewer C. new D. more
Fixed prices in a free-market economy can increase efficiency.
Answer the following statement true (T) or false (F)
An insurance policy is a product that:
A. involves a company paying individuals very large sums of money if they encounter any risk. B. involves individuals paying a regular fee in return for an agreement that the insurance company will cover all expenses associated with risky behavior. C. involves individuals paying a company to ensure they don't experience any risk. D. allows people to pay to reduce uncertainty in some aspect of their lives.