Large shareholders can sometimes influence a corporation's decisions without making efforts to replace its management
Indicate whether the statement is true or false
T
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Imperfect multicollinearity
A) implies that it will be difficult to estimate precisely one or more of the partial effects using the data at hand B) violates one of the four Least Squares assumptions in the multiple regression model C) means that you cannot estimate the effect of at least one of the Xs on Y D) suggests that a standard spreadsheet program does not have enough power to estimate the multiple regression model
If Ana devotes all her time to making fudge, she can make 3 pounds of fudge an hour, and if she devotes all her time to making toffee, she can make 2 pounds of toffee an hour. If Leo devotes all his time to making fudge, he can make 4 pounds of fudge an hour, and if he devotes all his time to making toffee, he can make 5 pounds of toffee an hour. Suppose that Ana and Leo decide to work together as a team. Can they produce 2 pounds of fudge and 4.5 pounds of toffee each hour?
A. No, this point is not attainable. B. Yes, this point is both attainable and efficient. C. Yes, this point is attainable, but inefficient. D. No, this point is not attainable and inefficient.
Calculate the firm's total profit.
All of the following are possible explanations for why it took so long for trade balances to respond to the depreciation of the dollar EXCEPT
A) the prior increase in the value of the dollar had padded the profit margins of foreign producers. B) foreign trade barriers made it impossible for the United States to substantially expand exports it bought. C) there were still impacts from earlier appreciations working through the system. D) exports began to increase from a much lower base than imports.