If a p-value is greater than or equal to 1.0, the results is said to be statistically significant.

Answer the following statement true (T) or false (F)


False

Economics

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Brown can brew 4 gallons of stout or 3 gallons of lager every three months, or any linear combination in between. Which statement is true?

A) Brown sacrifices 3/4 gallons of lager for every gallon of stout brewed. B) Brown sacrifices 1 1/3 gallons of stout for every gallon of lager brewed. C) Both of the above are true. D) None of the above is true.

Economics

Is a firm technologically efficient if it uses the latest technology? Why or why not?

What will be an ideal response?

Economics

Which of the following is true of the long-run aggregate supply curve? a. It is vertical

b. The level of RGDP supplied does not change as the price level changes. c. The level of RGDP supplied changes with the levels of capital, land, labor, and technology available to the economy. d. all of the above

Economics

People with hidden health problems are more likely to buy health insurance than are other people. This is an example of

a. moral hazard and makes the cost of health insurance higher than otherwise. b. moral hazard and makes the cost of health insurance lower than otherwise. c. adverse selection and makes the cost of health insurance higher than otherwise. d. adverse selection and makes the cost of health insurance lower than otherwise.

Economics