All else equal, an increase in population decreases potential GDP

Indicate whether the statement is true or false


FALSE

Economics

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Suppose you had to find the effect of seatbelt rules on road accident fatalities. Would you choose to run a randomized experiment or would it make sense to use natural experiments here? Explain

What will be an ideal response?

Economics

What is meant by the first-mover advantage? How does commitment matter in a game with a first-mover advantage? a. Some games have a first-mover advantage and others do not. Suppose you were playing rock-paper-scissors as an extensive form game

First you choose rock, or paper, or scissors and then your opponent makes a choice. Is there a first-mover advantage in this game? b. Two firms are thinking of entering a new market. If only one enters, it will make high profits. If two firms enter, then both will suffer losses. Suppose that the game is played sequentially, with Firm 1 deciding first. Does this game have a first-mover advantage?

Economics

Private health insurance pays for what percentage of health care expenditures?

A. 0 B. 5 C. 40 D. 35

Economics

On June 3, 2005, it cost 1.22 U.S. dollars to buy one euro. How many euros did it take to buy one U.S. dollar?

a. 0.82 euros b. 0.88 euros c. 1.22 euros d. 88 euros

Economics