Quasi differences in Yt are defined as

A) Yt - Yt-1.
B) Yt - ?1Yt-1.
C) ?Yt - ?1Yt-1.
D) ?1(Yt - Yt-1).

Answer: B

Economics

You might also like to view...

Refer to Scenario 21-1. Based on the information above, what is the level of private saving in the economy?

A) $3 trillion B) $4 trillion C) $5 trillion D) $8 trillion

Economics

A graph that shows the cumulative shares of income received by a family is a:

a. Distribution curve. b. Lorenz curve. c. Ricardian curve. d. Quintlile curve.

Economics