Which of the following is a supply shock?
a. A decrease in money demand
b. An increase in the money supply
c. An increase in investment spending
d. A change in oil prices
e. A change in taxes
D
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The last of the public land was sold between 1881 and 1907
Indicate whether the statement is true or false
A 95% confidence interval
A) indicates that there is 95% confidence that the value of the estimated coefficient is correct. B) indicates that there is 95% confidence that the degrees of freedom explain the data correctly. C) is a range of of values that gives a 95% probability that the true value of the coefficient is within the specified interval. D) is the probability that we have obtained the true value of the coefficient with 95% accuracy.
If an industry exhibits economies of scale, one larger firm may be able to produce goods at a lower long-run average cost than two smaller firms
a. True b. False Indicate whether the statement is true or false
How costly are biases in the Consumer Price Index (CPI)?
What will be an ideal response?