The federal funds rate is the rate at which
a. banks loan money to the Fed
b. the Fed loans money to banks
c. one regional Federal Reserve bank loans money to another regional Federal Reserve bank
d. one bank loans money to another.
e. regional Federal Reserve banks loan money to a local bank.
D
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To test whether the overall regression equation is statistically significant one uses
A. the standard error statistic. B. the F-statistic. C. the t-statistic. D. the R2-statistic.
The table below shows the weekly supply for hamburgers in a market where there are just three sellers. Price Seller 1 Qs 1 Seller 2 Qs 2 Seller 3 Qs 3 $5 8 5 4 4 6 4 3 3 4 3 2 2 2 2 1 If seller 3 exits the market (goes out of business), then the weekly market quantity of hamburgers supplied at a price of $4 will be
A. 6 B. 9 C. 10 D. 13
A demand curve represents a(n)
A. direct relationship between price and demand. B. indirect or inverse relationship between price and supply. C. indirect or inverse relationship between price and quantity demanded. D. direct relationship between price and quantity demanded.
Define worker-hours and labor productivity. What factors are behind labor productivity?
What will be an ideal response?