The best example of a transfer payment would be ___.
A. govenment investment
B. government purchases
C. government giving funds to the unemployed
D. the government paying its workers
Ans: C. government giving funds to the unemployed
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Use the following diagram to answer the question.
Which of the following best depicts the change if apples are grown using better watering technology for the trees, which allows farmers to know if the trees are being over or under-watered?
A. shift from S1 to S2 B. shift from S2 to S1 C. movement from a to b D. movement from b to a
Christina Romer argued that
A) measured properly, GNP before 1929 varied substantially less over time than the official statistics showed. B) measured properly, GNP after 1929 varied substantially more over time than the official statistics showed. C) measured properly, economic expansions after 1929 were shorter than the official statistics showed. D) measured properly, economic expansions before 1929 were shorter than the official statistics showed.
Appendix: In regression analysis, the existence of a high degree of intercorrelation among some or all of the explanatory variables in the regression equation constitutes:
a. autocorrelation b. a simultaneous equation relationship c. nonlinearities d. heteroscedasticity e. multicollinearity
When enterprises get more funds from government subsidies provided by central planners and less from consumers, they will have incentive to
What will be an ideal response?