A person is betting a coin will come up heads or tails. The coin always lands on one of these two outcomes. This person can bet to
A) eliminate only the systematic risk.
B) eliminate only the random risk.
C) eliminate all risk.
D) All of the above.
C
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The above table shows answers given by people interviewed in a government survey of households. Which individuals are considered to be a part of the labor force?
A) C and D B) B, C, and D C) A, C, and D D) A, B, and C
The slope of a line is the change in the y-axis variable divided by the change in the x-axis variable
Indicate whether the statement is true or false
If the underground economy is sizable, then GDP will:
a. understate the economy's performance. b. overstate the economy's performance. c. fluctuate unpredictably. d. accurately reflect this subterranean activity.
If the multiplier is 4 and real GDP increases by $520 billion, the increase in investment spending must have been
a. $110 billion. b. $120 billion. c. $130 billion. d. $140 billion.