The null hypothesis in the Durbin–Watson test is always that there is _____
a. positive autocorrelation
b. negative autocorrelation
c. either positive or negative autocorrelation
d. no autocorrelation
d
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Which of the following is true of an environmental impact statement (EIS)?
A) It is not required by state or local laws, only federal law. B) It can be challenged in court by environmentalists or other interested parties. C) It can only be accepted after Congress passes a bill adopting the EIS. D) It is not required for projects undertaken by private parties.
Balanced mutual funds
A) invest only in bonds. B) provide capital growth through bond coupon payments. C) appeal to the investor who has a moderate tolerance for risk. D) invest only in stocks.
When Congress passed a criminal statute called the "Gun-Free School Zones Act," the Supreme Court ruled that A)the law was valid as a proper exercise of the power to regulate interstate commerce
B)the law was void for vagueness; thus, it was not valid. C)the law was not valid since Congress exceeded its power under the Commerce Clause. D)although the law was not a proper exercise of the power to regulate interstate commerce, Congress had the power to create such legislation on other grounds. Therefore, the statute was valid.
Commercial banks lend excess reserves for one day in the
A. stock market. B. federal funds market. C. reserves market. D. over?the?counter market.