Suppose a regression with 51 observations returns a regression sum of squares of 56,000 and a total sum of squares of 250,000. The corresponding R2 is:
A. 0.671.
B. 0.224.
C. 0.345.
D. 0.776.
Answer: B
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Total surplus:
A. can never be zero.
B. can never fall below zero.
C. is always above zero.
D. is less than the consumer surplus.
Before 2008, money market mutual funds and hedge funds had been out of Fed's scope and control because they did not rely on customer deposits
a. True b. False Indicate whether the statement is true or false
A recent (2009) example of a U.S. tariff on foreign imports which caused retaliation from trading partners was the case of a U.S. tariff imposed on Chinese
a. tire imports. b. agricultural imports. c. airplane imports. d. clothing imports.
Suppose that the consumer price index at year-end 2008 was 140 and by year-end 2009 had risen to 150 . What was the inflation rate during 2009?
a. 7.1 percent b. 10 percent c. 14.2 percent d. 50 percent