A policy that offers parents a tax reduction based on how much they are saving for their children's college education should ________ the equilibrium level of loanable funds and ________ the rate of long-term growth
A) increase; decrease B) increase; increase C) decrease; decrease D) decrease; increase
B
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Some of a firm's workers are made worse off by the introduction of a union
a. True b. False Indicate whether the statement is true or false
In a linear regression equation Y = a + bX, the fitted or predicted value of Y is
A. the values of the parameters predicted by the estimators. B. the value of Y associated with a particular value of X in the sample. C. the value of X that the regression equation predicts. D. the value of Y obtained by substituting specific values of X into the sample regression equation. E. the value of X associated with a particular value of Y.
Refer to the information provided in Table 6.3 below to answer the question(s) that follow. Table 6.3Dozens of Oysters per DayTotal UtilityMarginal Utility160?2104?3134?4152?5?8Number ofBeers per DayTotal UtilityMarginal Utility140?270?394?4114?5?14Refer to Table 6.3. If the price of a beer is $4, the price of a dozen oysters is $12, and Tyler has $28 of income, Tyler's utility-maximizing combination of beers and oysters per day is
A. 3 beers and 1.5 dozen oysters. B. 1 beer and 2 dozen oysters. C. 4 beers and 1 dozen oysters. D. indeterminate from this information.
A public debt which is owed to foreigners can be burdensome because:
A. Foreign interest rates are persistently higher than domestic interest rates B. The payment of interest reduces the volume of goods and services available for domestic uses C. The payment of interest will conflict with a nation's foreign aid programs D. The payment of interest will necessarily have a deflationary effect on prices in the paying nation