Which of the following 95% confidence intervals for the estimate of the population treatment effect is the most convincing evidence that a policy intervention was indeed effective?
A. (-0.5, 0.9).
B. (-0.1, 0.5).
C. (0.5, 0.75).?
D. (-0.2, 0.3).
Answer: C
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Americans buying Japanese cars:
A. supply U.S. dollars and demand Japanese yen. B. demand U.S. dollars and demand Japanese yen. C. supply both U.S. dollars and Japanese yen. D. demand U.S. dollars and supply Japanese yen.
A weaker peso, relative to the US dollar, causes the demand for US imports from Mexico to _____ and the demand for US exports to Mexico to_______
a. Increase; Decrease b. Decrease; Increase c. Increase; Increase d. Decrease; Decrease
If a fiscal policy program requires new legislation to make it happen, it is
A. discretionary. B. contractionary. C. unconstitutional. D. non-discretionary.
Any bank that uses deposits to make loans: a. operates on a 100 percent reserve system
b. operates on a fractional reserve system. c. does not operate on a reserve system. d. does not keep reserves in its vaults. e. charges an interest rate determined by the reserve ratio.