If a graph has a line that shows the quantity of flat-screen televisions sold in the last five years, it is known as
A) a pie chart. B) a demand curve for outsourcing.
C) a time-series graph. D) a supply curve of outsourcing.
C
You might also like to view...
An example of "automatic stabilizers" is a rise in ________ causing the budget deficit to ________
A) real GDP, fall B) real GDP, rise C) government expenditures, fall D) government expenditures, rise E) the average tax rate, fall
The long-run average cost curve
A. is a composite of short-run AC curves. B. shows the lowest possible short-run AC corresponding to each output level. C. depends on the firm’s planning horizon. D. All of the responses are correct.
You have obtained data on test scores and student-teacher ratios in region A and region B of your state. Region B, on average, has lower student-teacher ratios than region A. You decide to run the following regression
Yi = ?0+ ?1X1i + ?2X2i + ?3X3i+ui where X1 is the class size in region A, X2 is the difference between the class size between region A and B, and X3 is the class size in region B. Your regression package shows a message indicating that it cannot estimate the above equation. What is the problem here and how can it be fixed? Explain the problem in terms of the rank of the X matrix. What will be an ideal response?
Which of the following is the best description of a quota?
An excise tax that is designed to place foreign producers at a competitive disadvantage in selling in domestic markets A specification of the maximum amount of a product that may be imported in any period of time Regulations and licensing related to the quality or safety of imported products Agreements adopted by exporting nations to limit exports to another country