How do we allocate statistical discrepancy among the current, capital, and financial accounts?
A) We have no way of knowing exactly how to allocate this discrepancy.
B) Depend on the degree of certainty by which we attribute to these accounts.
C) Divide it evenly amongst the three accounts.
D) Depend on the convention adopted by the specific financial institution.
E) Statistical discrepancy signals human errors made when dealing with financial accounts.
A
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The above figure shows the payoff to two firms in an industry deciding to make an investment in worker safety. The Nash equilibrium
A) is for just one of the firms to make the investment. B) is for both firms to make the investment. C) is for neither firm to make the investment. D) does not exist.
Along a straight-line demand curve:
A. both the slope and the price elasticity are constant. B. the slope is constant but the price elasticity is not. C. the slope is not constant, but the price elasticity is. D. neither the slope nor the price elasticity is constant.
Price ceiling/ cap
What will be an ideal response?
When looking at the economic impact of the terrorist attacks, the initial claim by Osama Bin Laden that the cost to the U.S. would be $1 trillion
A. was viewed at the time to be about right. B. was viewed at the time to be too high, but in retrospect, is actually too low. C. was viewed at the time to be too low. D. was viewed at the time to be too high, but in retrospect, is actually about right.