Social returns to education are likely to be highest at the
a. primary level in mid-income countries
b. secondary level in low-income countries
c. tertiary level in high-income countries
d. primary level in low-income countries
D
Economics
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A VAR with five variables, 4 lags and constant terms for each equation will have a total of
A) 21 coefficients. B) 100 coefficients. C) 105 coefficients. D) 84 coefficients.
Economics
What are the functions for MC and AC if TC = 40 + 10q + 5q2?
A) MC = 10q; AC = 10 + 5q B) MC = 10 + 10q; AC = 40/q + 10 + 10q C) MC = 10 + 10q; AC = 40/q + 10q2 D) MC = 20 + 10q; AC = 40/q + 10q
Economics