The cost of a bachelor's degree in philosophy equals the tuition plus the cost of room and board.
Answer the following statement true (T) or false (F)
False
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The main policy-making body of the Federal Reserve System is the Federal Open Market committee
Indicate whether the statement is true or false
Macroeconomics deals with
A. the what, who, and how questions faced by any economy B. the role of prices and markets in allocating outputs C. the determinants of aggregate output, overall levels of prices and inflation, growth, etc. D. all of the above
What distinguishes a deductive approach from an inductive approach to modeling?
A. Inductive modeling uses data, whereas deductive modeling does not. B. The inductive approach does not have conclusions for viable policies, whereas the deductive approach does. C. The deductive approach begins by looking at the data, whereas the inductive approach begins with the model. D. An inductive approach begins by looking at the data, whereas a deductive approach develops the implications of a model first.
The simple multiplier equals
What will be an ideal response?