Nominal GDP measures the value of goods and services using current-year prices

Indicate whether the statement is true or false

TRUE

Economics

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Tony spends $36 per month on cookies. For him, chocolate chip cookies and peanut butter cookies are perfect substitutes. Chocolate chip cookies are $4 per dozen and peanut butter cookies are $3 per dozen

How many dozen of each type of cookie will Tony buy in a given month if he wants to maximize his utility?

Economics

Threats to internal validity of quasi-experiments include

A) failure of randomization. B) failure to follow the treatment protocol. C) attrition. D) all of the above with some modifications from true randomized controlled experiments.

Economics