Consumers in used car markets can very easily differentiate between high-quality and low-quality cars
a. True
b. False
Indicate whether the statement is true or false
False
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A pay-as-you-go system of financing Social Security is not as good as a fully funded system.
A. True B. False C. Uncertain
Which of the following impacts of a Gulf hurricane would not show up as a direct loss to GDP?
a. The reduction in crude oil production b. The reduction in oil refining c. The loss of oil production facilities d. The loss of restaurant business in coastal communities e. The reduction in agricultural production
State the law of supply and explain it.
What will be an ideal response?
People who drive fuel-efficient vehicles tend to recycle more often than people who drive gas guzzlers. This is an example of
A. correlation. B. difference-in-differences. C. causation. D. statistical significance.