The increase in total output that results from a unit increase in the employment of a variable input is equal to the input's

(Requires Appendix material) The following are examples of limited dependent variables, with the exception of

A) binary dependent variable. B) log-log specification. C) truncated regression model. D) discrete choice model.

Other things the same, if the price level falls, people

a. increase foreign bond purchases, so the dollar appreciates. b. increase foreign bond purchases, so the dollar depreciates. c. increase domestic bond purchases, so the dollar appreciates. d. increase domestic bond purchases, so the dollar depreciates.