________ questions have to do with explanation and prediction, ________ questions have to do with what ought to be
A) Positive; negative.
B) Negative; normative.
C) Affirmative; positive.
D) Positive; normative.
E) Econometric; theoretical.
D
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Jill, a bookkeeper, just received an attractive offer from an outside firm and so she asks for a raise from her current employer. If the management of Jill's company is aware of the offer, her raise request is more likely to be
a. Accepted b. Rejected c. Laughed at d. All of the above
Sequential games provide the opportunity to use real options
Indicate whether the statement is true or false
What is the name of the interest rate charged when the Federal Reserve loans money to banks?
a. the discount rate b. the reserve requirement rate c. the prime rate d. the federal fund rate
Refer to the table. Suppose that the United States imports more products from Luteland than before. All else equal, the dollar price of luta will:
Answer the question on the basis of the following table, which indicates the dollar price of luta, the currency used in the hypothetical economy of Luteland:
A. rise and the dollar will depreciate.
B. fall and the dollar will depreciate.
C. rise and the dollar will appreciate.
D. fall and the dollar will appreciate.