The St. Louis Federal Reserve Bank econometric model indicates that crowding out

A) is only partial.
B) never occurs.
C) occurs only in highly unusual circumstances.
D) is complete.

D

Economics

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Adjusted R2 gives the actual percentage of the variation in the dependent variable explained by the regression model

Indicate whether the statement is true or false

Economics

The price elasticity of demand for labor will be smaller, the

A) smaller is the price elasticity of demand for the final product. B) easier it is to employ substitute inputs in production. C) larger is the proportion of wage costs in the total cost of production. D) longer is the time period under examination.

Economics