all of the following statements about central bank are true except it
A) is a public authority
B) regulates a nation's depository institutions
C) accepts personal deposits
D) controls the quantity of money
C) accepts personal deposits
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Monopolistically competitive firms increasing their advertising will definitely achieve which of the following?
A) shift their average total cost curve up B) shift their demand curve to the right C) increase their economic profit D) shift their demand curve to the right and shift their average total cost curve up
Health care improvements often don't happen because:
A. health care facilities exist in most parts of the world. B. home remedies and traditional village doctors are more affordable. C. doctors in government clinics have large incentives to practice good medicine. D. people are generally resistant to improvements in their healthcare systems.
A manager wishes to estimate an average cost equation of the following form:C = a + bQ + cQ2whereQ is the level of output. Letting Z = Q2 and using least-squares estimation, the manager obtains the following computer output:
Given the above information, the value of R2 indicates that ________ of the total variation in C is explained by the regression equation.
A. 7679% B. 7.679% C. 76.79% D. 0.7679%
The problem of political instability has been greatest in which continent?
A. South America B. Europe C. Asia D. Africa