Which of the following is most likely NOT a final good or service?
A. a cookie sold in a bakery
B. a portable power bank
C. bread in a grocery store
D. coffee beans in a coffee shop
Answer: D
Economics
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Given the information in the table above, if the Home economy suffered a meltdown, and the Unit Labor Requirements doubled to 20 for cloth and 40 for widgets then home should
A) export cloth. B) export widgets. C) export both and import nothing. D) export and import nothing. E) export widgets and import cloth.
Economics
You can determine the lag lengths in a VAR
A) by using confidence intervals. B) by using critical values from the standard normal table. C) by using either F-tests or information criteria. D) with the help from economic theory and institutional knowledge.
Economics