During the 2000 to 2006 time period, housing prices increased but only to a limited degree
a. True
b. False
Indicate whether the statement is true or false
False
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When a Clarke tax is used to finance a public good, each person's tax equals
a. the amount that he is willing to pay for the good. b. the difference between the value he places on the public good and its cost. c. the cost of the public good minus the value that other people claim to receive from it. d. everyone else's tax, with the sum equaling the cost of producing the public good.
The table above shows the marginal private benefit, marginal social benefit, and marginal cost of education at the College of Epsilon. What is the equilibrium number of students at the college if the market is unregulated?
A) 1,000 B) 3,000 C) 4,000 D) 5,000
Your U.S.-based company is selling parts to a company in Bangladesh. If the Bangladeshi company purchases a futures contract
A) the Bangladeshi company bears the exchange rate risk. B) your company bears the exchange rate risk. C) the companies share in the exchange rate risk. D) there is no exchange rate risk.
All else equal, a forecast regression with a R2 of ________ is more valuable than a forecast regression with a R2 of ________.
A) 0.85; 0.95 B) 0.50; 0.80 C) 0.80; 0.50 D) 0.75; 0.90