? Assume there is a relationship between two variables and the other-variables-held constant assumption (ceteris paribus) is relaxed. We would expect that the line representing this relationship would:
A. ?change from inverse to direct.
B. ?change from direct to inverse.
C. ?have a greater number of data points.
D. ?change its location.
Answer: D
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Which of the following should be included in U.S. GDP?
A) a 3D television manufactured in Thailand and sold in the United States B) a 3D television manufactured in the United States and sold in Thailand C) a 3D television manufactured in Thailand by a U.S. firm and sold in the United States D) a used 3D television manufactured in the United States and sold in Thailand
The word bank is derived from the Italian word banca, meaning "bench," which was money changer's table
Indicate whether the statement is true or false
Why is P3 below P2 instead of above it?
a. New producers enter the industry and supply expands, driving down price.
b. Increased demand for inputs causes input prices to rise and output prices to fall.
c. Quantity decreases overall but demand drops, driving down price.
d. Demand shifted too far right and could not be sustained, so it shifted left again.
If designed correctly, tournaments
A. always reward a single winner. B. reduce the applicant pool to just those workers with the best degrees. C. discourage competition. D. reward players according to their ranked productivity. E. elicit equal effort from all workers.