Which of the following cannot be determined from a nation's position relative to its production possibilities frontier?
a. whether it is producing efficiently
b. whether it has unemployed resources
c. the opportunity cost of each good illustrated
d. the society's relative preferences regarding each good illustrated
e. the price of each good illustrated
E
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To measure the CPI, the BLS economic assistants check the prices of
A) all the goods and services produced in a given year. B) some of the consumer goods but none of the services produced in a given year. C) about 80,000 goods and services each month. D) about 80,000 goods and services each quarter. E) only the prices of the goods and services whose prices have changed.
All of the following are examples of joint hypotheses on multiple regression coefficients, with the exception of
A) H0 : ?1 + ?2 = 1 B) H0 : = ?1 and ?4 = 0 C) H0 : ?2 = 0 and ?3 = 0 D) H0 : ?1 = -?2 and ?1 + ?2 = 1