The textbook finds the growth record of Latin American countries after World War II "mixed" but suggests as the "safest generalization" that
What will be an ideal response?
unstable governments unable to establish the rule of law have seriously retarded growth.
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Consider someone who borrows $10,000 to buy a car at a fixed interest rate of 9%. If inflation is 3% at the time the loan is made, what is the real interest rate at which the loan must be repaid, and to what level would the interest rate have to rise for the real interest rate on the loan to be zero?
a. 4.5%; 7.5% b. 6; 9% c. 8%; 10% d. 6; 12%
?Which of the following rules out perfect collinearity among the regressors?
A. ??Multiple regression B. ?Simple regression C. ?Time series regression D. ?Cross-sectional regression
Which of the following is not a correct statement?
A. The government issues bonds but does not issue shares. B. Bondholders earn dividends but shareholders don't. C. Companies can issue shares and issue bonds. D. Shareholders earn dividends but bondholders don't.
Refer to the table. The after-tax MPS shown is:
A. .1.
B. .2.
C. .33.
D. .4.