An estimated regression coefficient is 10 with a standard error of 5. The null hypothesis is that the partial regression coefficient equals zero. What is the value of the t-statistic for testing the null hypothesis of the regression coefficient?
A) 1
B) 2
C) 0.5
D) 5
B
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Monetarists believe that
a. velocity is constant b. velocity is highly predictable c. there are three motives for demanding money d. changes in the money supply cause changes in velocity e. a change in the money supply can affect real GDP
If Iowa's opportunity cost of corn is lower than Oklahoma's opportunity cost of corn, then
a. Iowa has a comparative advantage in the production of corn. b. Iowa has an absolute advantage in the production of corn. c. Iowa should import corn from Oklahoma. d. Oklahoma should produce just enough corn to satisfy its own residents' demands.
Which of the following is an example of a tie-in sale?
A. In order to buy Dell Computers, you must also buy Microsoft Windows to get the warranty. B. Bus rides are cheaper for senior citizens than for other people. C. Two companies merge to form one company. D. Prices are set just low enough to prevent other firms from entering the market.
(Last Word) As a result of the Great Recession of 2007-2009, illegal immigration to the United States:
A. has increased dramatically. B. fell significantly during the recession but has increased since the recession and the illegal immigrant population is growing significantly again. C. illegal immigration to the United States fell significantly and the net flow of illegal immigrants following the recession has been close to zero. D. illegal immigration to the United States fell significantly, and now there is a dramatic backflow that has the total number of illegal immigrants in the United States falling.