Refer to Scenario 1. What is the t-statistic for the slope coefficient?
A) 3.04
B) 0.94
C) 0.30
D) 4.46
B
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As the U.S. price level rises relative to price levels in other countries, U.S. _____
a. consumption and net exports will both decrease b. consumption and net exports will both increase c. consumption would increase and net exports will decrease d. consumption would decrease and net exports will increase e. consumption and net exports will remain constant
Which of the following about economic freedom is true?
a. Low income countries that have adopted institutions and policies consistent with economic freedom have grown rapidly. b. Low-income countries that have adopted institutions and policies consistent with economic freedom have failed to grow more rapidly than economies that are relatively unfree. c. Economic freedom appears to improve the performance of developed economies, but not those that are less developed. d. Economic freedom appears to improve the performance of less developed economies, but not those that already have a high degree of development.
A decrease in the price of pizza will shift the supply curve for pizza to the left
a. True b. False Indicate whether the statement is true or false
When the Fed buys government securities
A. reserves increase, leading to a decrease in the money supply by an amount more than the purchase of the government securities. B. reserves decrease, leading to a decrease in the money supply by an amount more than the purchase of the government securities. C. reserves decrease, leading to a increase in the money supply by an amount more than the purchase of the government securities. D. reserves increase, leading to a increase in the money supply by an amount more than the purchase of the government securities.