Author Question: Holding other factors constant, a decrease in the tax for producing cars causes a. The supply curve ... (Read 121 times)

beccaep · **on:** Jul 1, 2018

Holding other factors constant, a decrease in the tax for producing cars causes
a. The supply curve to shift to the left, causing the prices of coffee to rise
b. The supply curve to shift to the right, causing the prices of coffee to rise
c. The supply curve to shift to the left, causing the prices of coffee to fall
d. The supply curve to shift to the right, causing the prices of coffee to fall

Question 2

The standard deviation of the error terms in an estimated regression equation is known as:
a. coefficient of determination
b. correlation coefficient
c. Durbin-Watson statistic
d. standard error of the estimate
e. none of the above