Empirical analysis generally deals with theory and little data.
A. True
B. False
C. Uncertain
B. False
You might also like to view...
In markets with perfect competition, no need for buyers & sellers to search for "true" market value of an asset; it is continuously revealed by transaction prices of _____________________.
Fill in the blank(s) with the appropriate word(s).
Higher interest rates can cause the ________ curve for new cars to ________.
A. demand; shift to the right. B. supply; shift to the right. C. demand; shift to the left. D. supply; shift to the left.
An efficient financial system
A) must disseminate information to lenders about the quality of financial claims issued. B) provides minimal information about financial markets. C) provides perfect information regarding investment opportunities to savers. D) does not provide any information to borrowers.
The quantity theory of money of the Classical economists says that a change in the money supply will produce a:
a. proportional change in the price level. b. greater than proportional change in the price level. c. less than proportional change in the price level. d. wide variation in the velocity of money.