A dummy variable is also called
A) an approximate variable.
B) a discrete variable.
C) a zero-sum variable.
D) an improper variable.
B
Economics
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The deadweight loss of taxation on a good is higher if ________
A) the demand or the supply of the good is relatively price elastic B) a progressive tax system is practiced C) a low rate of tax is imposed on the sale of the good D) there is only one seller in the market
Economics
What is the real GDP after four years if Country X's average annual growth rate is 8.6 percent and the initial real GDP was $2,756.0 million?
A) $2,993.0 million B) $3,833.5 million C) $1,077.5 million D) $3,250.4 million
Economics