A person goes into a store and buys a computer for $1,210. In this case, price is acting as a
A) resource.
B) good.
C) rationing device.
D) capital instrument.
E) factor of production.
C
Economics
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Refer to the above graph. To maximize profits, the firm should produce the quantity:
a. 0C b. 0A c. 0K d. 0B
Economics
Carefully explain the difference between forecasting variables separately versus forecasting a vector of time series variables. Mention how you choose optimal lag lengths in each case
Part of your essay should deal with multiperiod forecasts and different methods that can be used in that situation. Finally address the difference between VARS and VECM. What will be an ideal response?
Economics