Which of the following is most likely beyond the scope of economic analysis?
a. Family structure.
b. Why some people contribute to charities.
c. Why some people choose to vote.
d. The actions of people who do what voices in their heads tell them to do.
d. The actions of people who do what voices in their heads tell them to do.
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Look at the following data: The frictional unemployment rate is 1.5 percent, the natural unemployment rate is 4.5 percent, and the cyclical unemployment rate is -1 percent. The structural unemployment rate is _________ percent and the actual unemployment rate (in this economy) is ___________ percent
A) 6; 3.5 B) 3; 5.5 C) 3; 3.5 D) 6; 5.5
today, the cash price for corn (delivery october) in nevada, ia is $3.30/bu and the cash price for corn is $3.24/bu in grinnell, ia. if a producer calculated that $0.08/bu was the amount that it would cost to cover all transportation and handling costs for shipping corn from grinnell to nevada, a farmer located near granola would:
a) sell corn in grinnell b) pay transport costs and sell corn in nevada
Ithout productivity growth, what is the longrun effect of labor migration on the receiving country?
a. There will be an increase in production of the laborintensive good. b. Wages will fall. c. Returns to capital will increase. d. None of these is the longrun effect.
The linear regression equation, Y = a + bX, was estimated. The following computer printout was obtained: Given the above information, what is the critical value of t at the 1% level of significance?
A. 2.921 B. 1.746 C. 2.120 D. 2.878