The phrase "bundle of legal rights" is properly included in
A) the definition of real property.
B) a legal description.
C) real estate transactions.
D) leases for less than one year.
Answer: A) the definition of real property.
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Everything else remaining unchanged, if the demand curve for reserves shifts to the left and borrowed reserves is zero:
A) there will be a decrease in both the federal funds rate and the quantity of reserves. B) there will be a decrease in the federal funds rate but no change in the quantity of reserves. C) there will be an increase in the federal funds rate but no change in the quantity of reserves. D) there will be an increase in both the federal funds rate and the quantity of reserves.
The goodness of the fit of a line is measured by the
A) R2 statistic. B) t-statistic. C) unbiased coefficient. D) standard error.