The percentage of the American workforce employed in the manufacturing sector has been steadily declining over the past 50 years.
Answer the following statement true (T) or false (F)
True
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The New Deal succeeded in ending the Great Depression
Indicate whether the statement is true or false
In a situation where two goods can be produced by two different people, it is possible for one person to have a comparative advantage in the production of both goods and the other person to have the comparative advantage in the production of neither good
Indicate whether the statement is true or false
When estimating a regression line, a high R2‚ tells us we have
A) a good fit. B) large residuals. C) correctly determined the direction of causation. D) all of the above E) none of the above
The slope of the budget line will change
A) when the consumer's income increases. B) when the consumer's taste changes. C) when the total satisfaction changes. D) when the price of one of the products changes.