Deregulation of the airline and trucking industries was followed by the creation of many new firms
a. True
b. False
Indicate whether the statement is true or false
True
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Recall the Application. The decrease in the price of wool would be reflected by a movement ________ on the market supply curve for wool
A) down and to the left B) up and to the right C) up and to the left D) down and to the right
On the expiration date of a futures contract, the price of the contract converges to the
A) purchase price of the contract. B) average price over the life of the contract. C) price of the underlying asset. D) average of the purchase price and the price of the underlying asset.
The primary source of revenue for the federal government of the United States are taxes tied to ________
A) property values B) rents and dividends C) export and import flows D) income
The manufacturer of Beanie Baby dolls used quarterly price data for 2005 I - 2013 IV (t = 1, ..., 36) and the regression equationPt = a + bt + c1D1t + c2D2t + c3D3tto forecast doll prices in the year 2014. Pt is the quarterly price of dolls, and D1t, D2t, and D3t are dummy variables for quarters I, II, and III, respectively. 
What is the estimated intercept of the trend line in the 1st quarter?
A. 32 B. -8 C. 24 D. 16 E. none of the above