In a structural VAR, a restriction that describes the impact of the current-period value of one variable on the current-period value of another variable is known as a ____ restriction.
A. contemporaneous
B. long-run
C. short-run
D. structural
Answer: C
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Document flowcharts are used to represent systems at different levels of detail
Indicate whether the statement is true or false
A bond has a $1,000 par value, makes annual interest payments of $100, has 5 years to maturity, cannot be called, and is not expected to default. The bond should sell at a premium if interest rates are below 10% and at a discount if interest rates are greater than 10%.
Answer the following statement true (T) or false (F)
What cost concept used in applying the cost-plus approach to product pricing covers selling expenses, administrative expenses, and desired profit in the "markup"?
A) Total cost concept B) Product cost concept C) Variable cost concept D) Sunk cost concept
“Culture consists of patterns, explicit or implicit, of and for behavior acquired and transmitted by symbols, constituting the distinctive achievements of human groups, including their embodiments in artifacts; the essential core of culture consists of traditional (i.e. historically derived and selected) ideas and especially their attached values; culture systems may, on the one hand, be considered as products of action, and on the other as conditioning elements of further action.” This definition of culture was proposed by______ after analyzing 160 definitions of the concept of culture.
*a. Kroeber and Kluckhohn (1952) b. Geer Hofstede (1980) c. Inkels and Levinson (1969) d. Pekerti and Thomas (2003)