Treetopplers, a u. s. lumber company, produces wood at a plant in oregon on september 13, 2017. it sells the wood to buildit and partners, a developer, for use in the production of a new house that will be built in the united states in 2017. (note: focus exclusively on whether production of the wood increases gdp directly, and ignore the effect of production of the new house on gdp.)

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.