Refer to Table 2-11. What is China's opportunity cost of producing one digital camera?
A) 0.04 pounds of wheat B) 4 pounds of wheat
C) 25 pounds of wheat D) 40 pounds of wheat
C
Economics
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Equilibrium in the market for bank reserves determines the
A) price level. B) exchange rate. C) federal funds rate. D) 30-year Treasury bond rate. E) inflation rate.
Economics
Probit coefficients are typically estimated using
A) the OLS method B) the method of maximum likelihood C) non-linear least squares (NLLS) D) by transforming the estimates from the linear probability model
Economics