If people who have children also tend to own dogs, we can say there is a positive correlation between having children and dog ownership.
Answer the following statement true (T) or false (F)
True
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The circular flow diagram implies that if accounting is done correctly, ________
A) the flow of income must exceed the implied value of the factors of production B) the implied value of the factors of production must exceed the flow of income C) the flow of expenditure must equal the income of the households making those expenditures D) the flow of expenditure must exceed the income of the households making those expenditures
A trend shows
A) the degree of correlation between two variables. B) the general tendency for a variable to rise or fall. C) the scale used to measure to variables. D) the increases in one variable.
The M2 measure of the money supply includes
a. M1 plus credit cards. b. M1 plus savings deposits, small time deposits, and money market funds. c. M1 plus Eurodollars. d. M1 minus Eurodollars.
Complete the following statement. If the U.S. experience in reforming medical care has taught us anything, one thing is certain - _____.
a. collective action improves efficiency b. providing more people with insurance coverage expands the risk pools and lowers premiums c. increased access to care will reduce spending d. moral hazard is a powerful force e. investment in electronic health records will save money