If interest rates rise in the United States and remain the same in the South Pacific, then what can we expect to occur in the foreign exchange market for yaps (South Pacific currency)?
a. nothing
b. an increase in its equilibrium price
c. a decrease in its equilibrium price
d. a shift in the supply of yaps
e. an increase in the equilibrium quantity of yaps
C
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The production of electricity creates pollution. When deciding how much electricity to buy, customers ________ the cost of pollution. When deciding how much electricity to buy, producers ________ the cost of pollution
A) take into account; take into account B) do not take into account; do not take into account C) take into account; do not take into account D) do not take into account; take into account E) None of the above answers is correct.
An estimated regression coefficient is 10 with a standard error of 5. The null hypothesis is that the partial regression coefficient equals one. What is the value of the t-statistic for testing the null hypothesis of the regression coefficient?
A) 1 B) 2 C) 1.8 D) 0.5
A sequential game is one where:
A. players take turns making moves and/or decisions. B. players act together to achieve a common goal. C. there is never a winner if players act rationally. D. players make their moves and/or decisions at the same time.
Which of the following will contribute to accelerated growth for the U.S. economy?
A. A decrease in factor mobility. B. A decrease in government involvement in copyright laws. C. A decrease in tax credits for research and development. D. Increased use of outsourcing for inputs and increased use of comparative advantage for trade in final goods and services.