The major advantage of using cross-sectional analysis for long-run costs studies includes
A) the inclusion in the sample of different plants of different sizes.
B) the avoidance of having to adjust for inflationary trends.
C) the avoidance of having to account for interregional cost differences.
D) All of the above
E) A and B above
Question 2
The amount of redistribution in the United States has increased considerably since 1968 . Over that same period, the percentage of households in poverty has _____.
a. fallen
b. risen
c. remained constant
d. fell until 1982 at which point it began rising again