The workers per retiree ratio
A. had been above 16 prior to 1950 and is now around 1.
B. had been above 16 prior to 1950 and is now around 10.
C. had been above 16 prior to 1950 and is now around 20.
D. had been above 16 prior to 1950 and is now around 3.
Answer: D
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If 
j, an unbiased estimator of 
j, is also a consistent estimator of 
j, then when the sample size tends to infinity:
A. the distribution of 
j collapses to a single value of zero.
B. the distribution of 
j diverges away from a single value of zero.
C. the distribution of 
j collapses to the single point 
j.
D. the distribution of 
j diverges away from 
j.
Which of the following examples would most likely happen when interest rates are high?
a. Mateo takes his money out of treasury bills. b. Lucia keeps $5,000 under her mattress for a rainy day. c. Santiago decides to carry more cash in his wallet each day. d. Maria invests $10,000 in a short-term CD.
How does a tariff affect the domestic price of the import, the domestic consumption, the domestic production, and the quantity imported?
What will be an ideal response?
Initially, the economy is at point G in Figure 10-4 above. An increase in per capita savings from s(0 ) to s(1 ) will in the short run result in ________ and in the long run result in ________
A) excess per capita saving; more rapid growth in per capita output B) excess per capita saving; less rapid growth in per capita output C) more rapid growth in per capita output; more rapid growth in per capita output D) more rapid growth in per capita output; no change in the long run rate of growth in per capita output