?In the time series literature, the serial correlation-robust standard errors are sometimes called:
A. ?homoskedasticity and autocorrelation inconsistent standard errors.
B. ?homoskedasticity and autocorrelation consistent standard errors.
C. ?heteroskedasticity and autocorrelation inconsistent standard errors.
D. ?heteroskedasticity and autocorrelation consistent standard errors.
Answer: D
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The firm's demand curve for labor is exactly the same as its
a. wage rate b. price of the good c. MRP curve d. MPP curve e. supply curve of labor
In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. The equilibrium quantity in the market for widgets is 200 per month when there is no tax. Then a tax of $5 per widget is imposed. As a result, the government is able to raise $800 per month in tax revenue. We can conclude that the equilibrium
quantity of widgets has fallen by a. 40 per month. b. 50 per month. c. 75 per month. d. 100 per month.
Refer to the information provided in Figure 26.4 below to answer the question(s) that follow. Figure 26.4Refer to Figure 26.4. During the 1990s, many firms in the United States were investing in new capital. If the economy was originally at Point A, this would have caused a movement to Point
A. E. B. B. C. C. D. D.
List some factors that might make the threat of a strike more effective