If Happy Avocados, a ready-made guacamole manufacturer, purchases an avocado farm, this is an example of ________.

A) outsourcing
B) backward integration
C) divestiture
D) forward integration

B) backward integration

Economics

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You should use the QLR test for breaks in the regression coefficients, when

A) the Chow F-test has a p value of between 0.05 and 0.10. B) the suspected break data is not known. C) there are breaks in only some, but not all, of the regression coefficients. D) the suspected break data is known.

Economics

Most monetarists favor:

a. frequent changes in the growth rate of the money supply to avoid inflation. b. placing the Federal Reserve under the Treasury. c. a steady, gradual shrinkage of the money supply. d. a constant increase in the money supply year after year equal to the potential annual growth rate in real GDP.

Economics