A Japanese firm exporting finished products to the United States will be a demander of U.S. dollars and a supplier of Japanese yen in the foreign exchange market

Economists typically assume that the owners of firms wish to

A) produce efficiently. B) maximize sales revenues. C) maximize profits. D) All of the above.

Consider the following regression equation: y= 0+ 1x1+ …+ kxk + u

In which of the following cases, the dependent variable is binary? A. y indicates the gross domestic product of a country B. y indicates whether an adult is a college dropout C. y indicates household consumption expenditure D. y indicates the number of children in a family