Refer to the information provided in Figure 33.1 below to answer the question(s) that follow.
Figure 33.1Refer to Figure 33.1. Canada has ________ advantage in the production of soybeans and ________ advantage in the production of alfalfa.
A. a comparative; an absolute
B. a comparative; neither a comparative nor absolute
C. an absolute; a comparative
D. neither a comparative nor absolute; neither a comparative nor absolute
Answer: B
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In 2008, the share of debit cards and prepaid cards in total retail transactions was ________, the share of credit cards was ________, and the share of checks and cash was ________
A) 21, 31, 48 B) 48, 21, 31 C) 15, 32, 50 D) 41, 22, 37
Tariff rates remained high after the Civil War because government revenue needs were pressing and there were protectionist sentiments
Indicate whether the statement is true or false
Which of the following about economic growth is true?
a. The fastest growing economies in the world are mostly less developed countries. b. The fastest growing economies in the world (those with annual real growth rates of 3.5 percent or more) are mostly high-income industrial countries. c. The slowest growing countries in the world, many of which are experiencing declines in per capita GDP, are less developed countries. d. Both a and c are true.
If the error term is correlated with any of the independent variables, the OLS estimators are:
A. biased and consistent. B. unbiased and inconsistent. C. biased and inconsistent. D. unbiased and consistent.