Multiple regression analysis typically requires several computers.
A. True
B. False
C. Uncertain
C. Uncertain
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Which of the following is not an argument for private sector production of collective consumption goods?
a. The good might only be a collective consumption good because of current government production. b. Private sector production provides information about consumer preferences about the good. c. The private sector has lower pay scales then government, lowering overhead costs. d. Taxes used to finance government production produce deadweight losses.
A binding price floor is designed to:
a. increase efficiency. b. raise the price above the equilibrium price. c. keep the price below the equilibrium price. d. generate a shortage
Changes in which of the following will cause a change in exchange rates?
A. perceptions of economic and political stability B. consumer preferences C. real interest rates D. all of these
As long as MC > $0, TC will rise as a firm expands output.
a. true b. false