The value of the marginal propensity to consume is
a) between 0 and 1
b) between 1 and 10
c) between -1 and 1
d) between 1% and 100%
a) between 0 and 1
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If a firm experiences positive technological change, it is able to produce more output using the same inputs
Indicate whether the statement is true or false
Total reserve holdings over and above required reserves constitute the minimum amount of loans a depository institution can make
a. True b. False Indicate whether the statement is true or false
If the dollar appreciates relative to the yen, we would expect:
a. that the Japanese trade surplus with the United States would increase. b. that Japanese imports from the United States would decrease c. that Japanese exports to the United States would decrease. d. both (a) and (b)
A ________ p-value means the probability is ________ of getting the result you find in the sample data if the null hypothesis is true.
A. small; small B. negative; certain C. positive; certain D. small; large