If you are testing the null hypothesis, you are testing
A) the hypothesis that the coefficient for an explanatory variable is zero and therefore has no impact on your results.
B) whether or not price should be set to 0.
C) the relationship between the t-statistic and the standard error.
D) the hypothesis that setting a given price will yield no increase in profits.
A
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If tastes for foreign goods and services go up, then we would expect aggregate expenditure to:
A. increase. B. decrease. C. remain constant. D. increase and then sharply decrease more.
Which of the following is true? a. Demand deposits and other checkable deposits have replaced paper and metallic currency as the major source of money used for transactions in the United States. b. Credit cards are not money; they are substitutes for the use of money in exchange
c. Most of the money that we use for day-to-day transactions is not official legal tender. d. all of the above
Danica is running for office. A survey showed that most voters in her district describe themselves as conservative but not extremely conservative. Her opponent is running as a moderate. How should Danica portray her opponent to get the most votes and win the election?
a. as a liberal b. as a conservative c. as slightly more conservative than she is d. as slightly less conservative than she is
A sale of securities by the Fed causes
A. a contraction of the money supply equal to the amount of the securities sold. B. a multiple expansion of the money supply greater than the amount of the securities sold. C. a multiple contraction of the money supply greater than the amount of the securities sold. D. an expansion of the money supply equal to the amount of the securities sold.