When a variable is top coded, its value is known only up to a certain threshold.
Answer the following statement true (T) or false (F)
True
Rationale: FEEDBACK: When a variable is top coded, its value is known only up to a certain threshold. For responses greater than the threshold, it is only known that the variable is at least as large as the threshold.
Economics
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The debate over income distribution focuses on the tradeoff between:
A. Unemployment and economic freedom B. Equality and economic freedom C. Economic efficiency and equality D. Unemployment and economic growth
Economics
There is a recessionary gap when
A. equilibrium GDP is equal to full employment GDP. B. equilibrium GDP is smaller than full employment GDP. C. equilibrium GDP is larger than full employment GDP. D. None of the choices are correct.
Economics