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With the increase in school attendance throughout the world, the newest challenge for development economists is increasing:
A. availability of education to children. B. the quality of education to children. C. the availability of college education. D. the consistency of education across countries.
Profit is maximized at the rate of output where marginal revenue exceeds marginal cost by the greatest amount
Indicate whether the statement is true or false
Consider the following regression equation: y= 
0+ 1x1+ …+ kxk + u
In which of the following cases, the dependent variable is binary? A. y indicates the gross domestic product of a country B. y indicates whether an adult is a college dropout C. y indicates household consumption expenditure D. y indicates the number of children in a family
In the reservoir analogy of stock and flow for the economy:
A. Gross investment is an outflow and depreciation is an inflow B. The stock of capital is an outflow and depreciation is an inflow C. Net investment is an inflow and the stock of capital is an outflow D. Gross investment is an inflow and depreciation is an outflow