You want to run a difference-in-difference experiment with a price increase for the bacon cheeseburger item on your menu. If you are worried about the "representativeness" with your control group, a poor comparison menu item would be
a. soft drink sales
b. the bacon burger without cheese
c. the bacon-lettuce-and-tomato sandwich
d. the regular cheeseburger
a
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If the demand for a good is increasing while the supply curve remains unchanged, then we will observe
A) more purchases at a higher price. B) more purchases at a lower price. C) fewer purchases at a higher price. D) fewer purchases at a lower price.
If the federal government borrows from the private sector to pay for increased budget deficits and interest rates increase, this will cause
A) a decrease in planned investment and planned consumption. B) an increase in planned investment and planned consumption. C) a decrease in planned investment and an increase in planned consumption. D) an increase in planned investment and a decrease in planned consumption.