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Author Question: In the short-run production function, the following variables must be endogenous: a. technology. ... (Read 51 times)

sheilaspns

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In the short-run production function, the following variables must be endogenous:
 
  a. technology.
  b. labor input.
  c. capital input.
  d. b and c.
  e. none of the above.

Question 2

Possible sources of an upward bias in the CPI include the
 
  a. quantity adjustment bias.
  b. substitution bias.
  c. new products bias.
  d. Both b and c
  e. All of the above



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momtoalll

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Answer to Question 1

B

Answer to Question 2

D




sheilaspns

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


smrtceo

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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