Refer to the following computer output from estimating the parameters of the nonlinear modelY = aRbScTdThe computer output from the regression analysis is: 
Based on the info above, the estimated value of a is
A. -0.6931
B. 2.66
C. 0.50
D. -3.67
Answer: C
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The marginal tax rate is the
A. total amount of taxes paid as a percentage of total income. B. increase in taxes as a percentage of an increase in income. C. sum of all individual tax rates. D. tax rate paid by those with the lowest family incomes.
John and Sally have identical preferences except that Sally's utility is exactly 10 times John's for each basket of goods. If they have the same income and face the same prices
A) Sally will consume 10 times the amount that John consumes. B) Sally will receive 1/10 the satisfaction of John. C) both will consume the same amount of all goods. D) John and Sally will have equal total utility.
A government-inhibited good is one that
A) the political process has determined is socially undesirable. B) the political process has determined is socially desirable. C) freely competitive markets have determined is socially desirable. D) we want to encourage the consumption of.
Which of the following is not a benefit to lenders/investors of financial intermediation?
a. Higher yield than the direct market. b. Lower risks than the direct market. c. More diversification than the direct market. d. All the above are benefits to lenders. e. Lower transaction costs than the direct market.