The "paired observation" of (12, 6 ) means
A) x = 12, y = 6.
B) x = 6, y = 12.
C) x = any multiple of 12, y = any multiple of 6.
D) the origin is at 12 and 6.
Answer: A
Economics
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Based on Table 9.3, if values in the table are amended to reflect a net increase in U.S. foreign direct investment of 100, then the new balance for the capital account balance becomes
A) -75. B) -25. C) +25. D) +75. E) +225.
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Liam is willing to cut lawns for a minimum of $200 a week. He is, however, paid $250 for the same service by a lawn maintenance company. This is an example of
a. consumer surplus. b. employment discrimination. c. producer surplus. d. the derivation of accounting profit.
Economics