H1: âj
0, where âj is a regression coefficient associated with an explanatory variable, represents a one-sided alternative hypothesis.
Answer the following statement true (T) or false (F)
False
Rationale:
0, where âj is a regression coefficient associated with an explanatory variable, represents a two-sided alternative hypothesis.You might also like to view...
Which of the following is NOT a major actor in the foreign exchange market?
A) corporations B) central banks C) commercial banks D) non-bank financial institutions E) tourists
Which of the following is NOT an advantage to exchange-rate targeting?
A) It provides a strong nominal anchor to keep inflation under control. B) It provides an automatic rule for policy to help avoid the time-inconsistency problem. C) It is simple and clear so that the public can easily understand it. D) It increases the accountability of policymakers.
Gordon argues that individual workers and firms prefer long-term contracts, but that such contracts
A) raise the costs of doing business, a macroeconomic externality. B) insure that output alone is adjusted as AD changes and therefore, such contracts impose high costs of output and employment instability on society. C) insure that the price level alone is adjusted as AD changes and therefore, such contracts impose high costs of output and employment instability on society. D) insure a macroeconomic externality, rigid unemployment.
Some nonprice determinants of supply are:
A. prices of related goods, technology, prices of inputs, expectations, and the number of sellers. B. consumer preferences, the price of the good, and prices of related goods. C. expectations of sellers and number of buyers in the market. D. prices of related goods, technology, and consumer preferences.