One hundred basis points could be expressed as:
A. 1.00%
B. 0.01%
C. 100.0%
D. 0.10%
Answer: A
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With Panel Data, regression software typically uses an "entity-demeaned" algorithm because
A) the OLS formula for the slope in the linear regression model contains deviations from means already. B) there are typically too many time periods for the regression package too handle. C) the number of estimates to calculate can become extremely large when there are a large number of entities. D) deviations from means sum up to zero.
Assuming the most typical shapes of the demand and supply curves, which of the following could lead to an increase in the current equilibrium price for personal computers?
a. a decrease is the price of computer chips b. a decrease in buyers' incomes, assuming that computers are a normal good c. a technological improvement that reduces manufacturing costs d. expectations of a higher future price e. an increase in the price of computer software
Last year real GDP in the imaginary nation of Populia was 907.5 billion and the population was 3.3 million. The year before real GDP was 750 billion and the population was 3 million. What was the growth rate of real GDP per person during the year?
a. 10 percent b. 14 percent c. 17 percent d. 21 percent
In which of the following situations must national saving rise?
a. Both domestic investment and net capital outflow increase. b. Domestic investment increases and net capital outflow decreases. c. Domestic investment decreases and net capital outflow increases. d. Both domestic investment and net capital outflow decrease.