Which of the following will cause an increase in the quantity demanded of ice cream at an ice cream store?
a. The onset of summer brings about an increase in the temperature.
b. The price of frozen yogurt that is sold at the store is reduced by 5 percent.
c. A new ice cream flavor is introduced at the store.
d. The store introduces a limited period offer of 20 percent off on the price of ice cream.
e. The income of the store's consumers increases.
d
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Keynesians:
a. accept the countercyclical policy of doing nothing, that is, allowing market forces to work. b. believe that the level of aggregate demand in the 1930s was sufficient to generate full employment. c. accept the fact that policymakers should eliminate inflation first before focusing on unemployment. d. focus on increasing aggregate demand in order to stimulate the economy. e. were prepared for the events that beset our economy in the 1970s and 1980s.
Beta measure overall risk in the stock market
Indicate whether the statement is true or false
Which of the following is not a basic monetary policy tool used by the Fed?
A. The discount rate. B. Reserve requirements. C. Open-market operations. D. The income tax rate.
A complete cases estimator is an estimator that uses: only observations with a complete set of data on y and x1, ..., xk
A. only observations with a complete set of data on x1, ..., xk. B. complete information about the residuals. C. only observations with a complete set of data on y and x1, ..., xk. D. complete information about the outliers.