The first country to adopt inflation targeting was
A) the United Kingdom.
B) Canada.
C) New Zealand.
D) Australia.
C
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The natural resources used in production are made available in the
A) government market. B) factor market. C) product market. D) goods and services market.
Which of the following is not a result of a U.S. tariff on foreign autos?
a. increase the price of imported autos b. increase the price of domestic autos c. decrease the quantity of foreign autos purchased by U.S. consumers d. decrease the quantity of domestic autos purchased by U.S. consumers
In the simple Keynesian model, a rightward shift in the aggregate demand curve __________ result in a change in the price level when the economy is in the horizontal segment of the AS curve and ___________ result in a change in the price level if the economy is in the vertical segment of the AS curve
A) will not; will B) will not; will not C) will; will not D) will; will
A process is stationary if:
A. any collection of random variables in a sequence is taken and shifted ahead by h time periods; the joint probability distribution changes. B. any collection of random variables in a sequence is taken and shifted ahead by h time periods, the joint probability distribution remains unchanged. C. there is serial correlation between the error terms of successive time periods and the explanatory variables and the error terms have positive covariance. D. there is no serial correlation between the error terms of successive time periods and the explanatory variables and the error terms have positive covariance.