A variable that is potentially affected by an experimental treatment is referred to as a(n):
A) compulsory variable. B) omitted variable.
C) independent variable. D) dependent variable.
D
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Which among the following situations refers to a zero-sum game?
A) Two nations trying to strengthen their diplomatic relations B) A business firm deciding upon the terms of partnership C) Two players playing a single game of chess D) Two teams deciding on the rules of a game
The main policy-making organ of the Federal Reserve System is the
A) Board of Governors. B) Federal Reserve Bank presidents. C) Federal Open Market Committee. D) Joint Congressional Committee on Monetary Policy.
In the above figure, if the market produces the efficient amount of purses then producer surplus equals triangle
A) abc. B) bcd. C) adc. D) dce.
Suppose the U.S. GDP growth rate is slower relative to other countries' GDP growth rates. This will
A) move the economy up along a stationary aggregate demand curve. B) move the economy down along a stationary aggregate demand curve. C) shift the aggregate demand curve to the left. D) shift the aggregate demand curve to the right.