The terms "correlation" and "causation" are synonymous
a. True
b. False
Indicate whether the statement is true or false
False
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Refer to the table above. What is the total revenue when the monopolist charges a price of $3?
A) $1,050 B) $1,350 C) $1,750 D) $2,750
An American consumer buys a French luxury product in New York. In the U.S. balance of payments accounts, this transaction directly appears in
A) the official settlements account. B) the imports part of the current account. C) the net transfers part of the current account. D) the capital and financial account.
Suppose that Dave has $200 to spend per week and he buys only magazines and pizza. The price of a pizza is $10 and the price of a magazine is $5. If Dave buys 15 pizza each week, what is the maximum number of magazines can he buy?
A) 40 B) 20 C) 10 D) 200
Given the values in the table above, if the real interest rate rises from 5 to 6, the change in household saving is ________
A) negative 0.5 B) negative 1.55 C) negative 0.45 D) 1.55 E) none of the above