Creating economic growth:
A. is an easy thing for policy-makers to achieve with correct taxation policy.
B. is well understood by macroeconomists.
C. involves savings, capital, labor, and technology.
D. has no central tenets upon which the theory is based.
Answer: C
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In comparing money to shares of Apple stock, we can say that
A) money is a store of value, but shares of Apple stock are not. B) shares of Apple stock are a store of value, but money is not. C) both money and shares of Apple stock are stores of value. D) neither money nor shares of Apple stock are stores of value.
To obtain the slope estimator using the least squares principle, you divide the
A) sample variance of X by the sample variance of Y. B) sample covariance of X and Y by the sample variance of Y. C) sample covariance of X and Y by the sample variance of X. D) sample variance of X by the sample covariance of X and Y.
A firm's level of investment is tied to the interest rate
a. only when the firm has to borrow funds to buy capital b. only when the firm has to borrow funds to buy stocks c. only when the firm already has the funds and could lend them d. because the interest rate represents the opportunity cost of investing in capital e. because investments are always made with borrowed funds
Which of the following caused the supply curve for HD televisions to shift to the right?
a. the falling prices of component parts b. the increasing prices of shipping parts c. old, outdated factories d. lack of technological advances