The homoskedasticity-only F-statistic and the heteroskedasticity-robust F-statistic typically are
A) the same
B) different
C) related by a linear function
D) a multiple of each other (the heteroskedasticity-robust F-statistic is 1.96 times the homoskedasticity-only F-statistic)
Ans: B) different
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Something will be rare but not scarce if very little of it exists and
A) its price is high enough that only a few wish to purchase it. B) its price is high enough that no one can afford it. C) no one wants any. D) the quantity supplied is greater than the quantity demanded.
Buyers’ expenditures and sellers’ revenues are always identical.
Answer the following statement true (T) or false (F)
Everything else held constant, a decline in interest rates will cause spending on housing to
A) fall. B) remain unchanged. C) either rise, fall, or remain the same. D) rise.
A landlord requiring potential tenants to provide a rental history is an example of:
A. screening. B. signaling. C. statistical discrimination. D. building a reputation.