The nominal distribution for count data is the:
A. binomial distribution.
B. normal distribution.
C. Poisson distribution.
D. Bernoulli distribution.
Answer: C
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________ are the largest components of state and local government revenue
A) Individual income taxes and corporate income taxes B) Transfers from federal government and sales taxes C) Individual income taxes and sales taxes D) Transfers from federal government and corporate income taxes E) Corporate income taxes and lottery income
Refer to Scenario 3. The average total cost of 5 units of output is:
A) $8. B) $10. C) $29. D) $39.
High-powered money minus currency in circulation equals
A) reserves. B) the borrowed base. C) the nonborrowed base. D) discount loans.
Distinguishing between stock measures and flow measures, the flow measures are
A) the labor force only. B) the number of people who lost their jobs and the number of people who found jobs only. C) the total number of people who are unemployed only. D) the total number in the labor force and the total number of people who are unemployed only.