The last year that our current account deficit was close to 0 was __________.
Fill in the blank(s) with the appropriate word(s).
1991
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A distributed lag regression
A) is also called AR(p). B) can also be used with cross-sectional data. C) gives estimates of dynamic causal effects. D) is sometimes referred to as ADL.
Air pollution is more dangerous to the public, but toxic waste generates more public uproar. Why?
a. Those exposed to the health hazard posed by the toxic waste site are usually less sure that exposure has occurred. b. Those exposed to the health hazard posed by the toxic waste site are usually more sure that exposure has occurred. c. Fewer people cause air pollution than toxic waste. d. Fewer people are affected by air pollution than by toxic waste. e. Toxic waste causes more illness and death than air pollution does.
Use the figure below to answer the following question.
What is the amount of government revenue after the government imposes the excise tax on the market?
A. $16 B. $40 C. $20 D. $32
In monopolistic competition, firms can have some market power
A. by virtue of size alone. B. because of barriers to exit from the industry. C. because of barriers to entry into the industry. D. by producing differentiated products.