The benefits received principle would not work well in which of the following cases?
a. gasoline tax
b. national defense
c. taxing those people who use a private good
d. admission fees to a national park
b
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Assume that you have used the OLS estimator in the cointegrating regression and test the residual for a unit root using an ADF test. The resulting ADF test statistic has a
A) normal distribution in large samples. B) non-normal distribution which requires ADF critical values for inference. C) non-normal distribution which requires EG-ADF critical values for inference. D) normal distribution when HAC standard errors are used.
How did CDS' contribute to the financial crisis of 2007-2009?
What will be an ideal response?
Harmonization of standards
A) can make it less costly for exporting firms to produce. B) is easy to agree on. C) is not possible for countries of different income levels. D) is required under WTO rules.
Refer to the information provided in Table 24.1 below to answer the question(s) that follow.Table 24.1
Refer to Table 24.1. At an output level of $1,200 billion, there is an unplanned inventory change of
A. positive $10 billion. B. zero. C. positive $100 billion. D. negative $100 billion.