The price of a gallon of gasoline increased from $2.00 to $2.25 while the price of a ride on the city bus increased from 50 cents to 75 cents. The relative price of riding the city bus
A) increased from 0.25 to 0.6.
B) decreased from 4.0 to 3.0.
C) stayed constant at 0.25.
D) stayed constant at 4.0.
A
Economics
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Which of the following is an example of FGLS estimation?
A. Dickey-Fuller estimation B. Vector error correction estimation C. Prais-Winsten estimation D. OLS estimation.
Economics
If a hurricane were to wipe out the majority of the eastern seaboard in the United States:
A. neither the short-run nor long-run aggregate supply curves would be affected. B. only the long-run aggregate supply curve would shift left. C. only the short-run aggregate supply curve would shift left. D. the long-run and short-run aggregate supply curves would both shift left.
Economics