Annie had a job as a human resource manager of a restaurant chain that went out of business due to a downturn in the economy. She looked for work for six months and gave up because she was convinced that she could not find a suitable job to fit her skill set. In this instance she would be counted as a
A. reentrant.
B. discouraged worker.
C. labor force participant.
D. job leaver.
Answer: B
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Refer to Figure 2-13. Which country has a comparative advantage in the production of coconuts?
A) Guatemala B) Costa Rica C) They have equal productive abilities. D) neither country
The fact that a firm is a price-setter does not ensure it will make a positive economic profit in the short run and over time
Indicate whether the statement is true or false
The AIC is a statistic
A) that is used as an alternative to the BIC when the sample size is small (T < 50) B) often used to test for heteroskedasticity C) used to help a researcher chose the number of lags in a time series with multiple predictors D) all of the above
Which of the following tests helps in the detection of heteroskedasticity?
A. The Breusch-Pagan test B. The Breusch-Godfrey test C. The Durbin-Watson test D. The Chow test