A good research question should not be backed by time series data.
Answer the following statement true (T) or false (F)
False
Rationale: FEEDBACK: A good research question can be backed by time series data. Most of the important macroeconomic researches are based on time series data.
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When consumers are less confident about their jobs or incomes, they are more likely to
A) reduce purchases of durable goods than nondurable goods. B) increase consumption spending and decrease investment spending. C) reduce purchases of nondurable goods and increase purchases of durable goods. D) increase investment spending and decrease consumption spending.
Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD1 the result in the long run would be:
A. P4 and Y1. B. P4 and Y2. C. P5 and Y1. D. P5 and Y2.
The value added of a producer is the
A. value of its total sales once externalities are accounted for. B. total amount for which all its products sell minus its change in inventories. C. quality-adjusted amount of its total sales less any commissions paid. D. value of its output minus the value of the inputs it purchases from other producers.
Real GDP per capita is real GDP divided by the number of workers in a country.
Answer the following statement true (T) or false (F)