The BP curve presents combinations of y and i that yield balance of trade equilibrium
Indicate whether the statement is true or false
FALSE
Economics
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The ceteris paribus assumption is a behavioral assumption.
a. True b. False
Economics
If the growth rate of multifactor productivity is 1.775, b = 0.15, n = 1, and y = 3, then the growth rate of capital is
A) 1.225. B) 1.45. C) 4.0. D) 2.5.
Economics
Moral hazard arises when principals find it costly to monitor agents
Indicate whether the statement is true or false
Economics
One study found that unemployment is the economic term mentioned most often in U.S. newspapers
a. True b. False Indicate whether the statement is true or false
Economics