A consumer's budget set includes all affordable combinations of two goods.

Which is NOT true about the coefficient of determination?

a. As you add more variables, the R-square generally rises. b. As you add more variables, the adjusted R-square can fall. c. If the R-square is above 50%, the regression is considered significant. d. The R-square gives the percent of the variation in the dependent variable that is explained by the independent variables. e. The higher is the R-square, the better is the fit.

Depression refers to the period of time when there is high economic growth, whereas recession refers to the period of time when annual economic growth is between 0 and 3 percent

Indicate whether the statement is true or false