The long-run supply curve of a market for eggs is perfectly inelastic

Indicate whether the statement is true or false

F

Economics

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Current equilibrium output equals $2,500,000, potential output equals $2,600,000, and the marginal propensity to consume equals 0.75. Under these conditions, a Keynesian economist is most likely to recommed

A) decreasing taxes by $25,000 B) decreasing taxes by $100,000 C) increasing government spending by $25,000 D) increasing government spending by $33,333 E) increasing government spending by $100,00

Economics

The coefficient of determination will range between what values?

A) 0 and 1 B) -1 and +1 C) -3 and +3 D) none of the above

Economics