The variance of the slope estimator increases as the error variance decreases.
Answer the following statement true (T) or false (F)
False
Rationale: FEEDBACK: The variance of the slope estimator increases as the error variance increases.
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"Information Problematic" borrowers are generally
A) municipal governments. B) small businesses and individuals. C) large businesses. D) federal government.
If a specific segment of a demand curve is price elastic, then we know that anywhere along that segment, the
a. percentage change in the quantity demanded exceeds one b. percentage change in quantity demanded exceeds the percentage change in price c. percentage change in price exceeds the percentage change in quantity demanded d. the change in quantity demanded exceeds the change in price e. the good has no close substitutes
The Economic Report of the President
a. discusses recent developments in the economy and presents analysis of current policy issues. b. is written by the Council of Economic Advisers. c. is the responsibility of the economists at the Office of Management and Budget. d. Both a and b are correct.
If a central bank wants to counter the change in the price level caused by an adverse supply shock, it could change the money supply to shift
a. aggregate demand right. b. aggregate demand left. c. aggregate supply right. d. aggregate supply left.