Starting from Potential Output, If Firms Become More Optimistic About

question 155

Multiple Choice

Starting from potential output, if firms become more optimistic about the future and decide to increase their investment in new capital, then this will generate a(n) ________ gap and inflation will ________.

• A)recessionary; increase
• B)recessionary; decrease
• C)expansionary; decrease
• D)expansionary; increase

Explain the impact of certain traits on behavior and social perception.

Understand the concept of essential traits and the theories associated with them.

Comprehend how personality traits influence preferences and perceptions.

Identify the role of factor analysis in personality psychology and its outcomes.

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Definitions:

Least Squares Line

A line of best fit through a scatter plot of data points that minimizes the sum of the squares of the vertical distances of the points from the line.

Least Squares Line

A straight line that minimizes the sum of the squares of the vertical distances of the points from the line.

Y-intercept

The point where a line or curve crosses the y-axis of a graph, representing the value when all independent variables are zero.

Least Squares Line

A line that minimizes the sum of the squares of the vertical deviations from each data point to the line, often used in linear regression.