The intercept in the multiple regression model
A) should be excluded if one explanatory variable has negative values.
B) determines the height of the regression line.
C) should be excluded because the population regression function does not go through the origin.
D) is statistically significant if it is larger than 1.96.
Answer: B
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Use the figure below to answer the following question.
The total benefit of the second unit of X is ________.
A. 11 B. 4 C. 5 D. 17
The wage elasticity of labor demand is always negative.
Answer the following statement true (T) or false (F)
The greater the number of buyers and sellers with access to securities markets, the
A) higher the true equilibrium price will be. B) higher the yields on securities will be. C) lower the yields on securities will be. D) closer securities prices will be to the true equilibrium price.
From 1968 till 1980, budget deficit was on average around ________ percent of natural GDP; and from 1981 till 1995, it was ________ percent of natural GDP
A) 19.8; 21.5 B) 21.5; 19.8 C) 1.5; 3.5 D) 3.5; 1.5