There is widespread ____ about the causes of poverty and widespread _____ about how to alleviate poverty.
A. agreement; agreement.
B. disagreement; disagreement.
C. agreement; disagreement
D. disagreement; agreement.
B. disagreement; disagreement.
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Refer to Figure 13-3. Which of the points in the above graph are possible short-run equilibria but not long-run equilibria? Assume that Y1 represents potential GDP
A) A and B B) B and D C) A and C D) C and D
Another term for "don't put all your eggs in one basket" is
A) moral hazard. B) indirect finance. C) asymmetric information. D) portfolio diversification.
It is advisable to use clustered standard errors in panel regressions because
A) without clustered standard errors, the OLS estimator is biased B) hypothesis testing can proceed in a standard way even if there are few entities (n is small) C) they are easier to calculate than homoskedasticity-only standard errors D) the fixed effects estimator is asymptotically normally distributed when n is large
During a particular year, nominal wages increased by 4 percent but real wages declined by 2 percent. This implies that the price level increased by 6 percent
a. True b. False Indicate whether the statement is true or false