Which term(s) in the general form of the t statistic is (are) computed differently between the usual OLS t-statistic and the heteroskedasticity-robust t-statistic?
A. Estimate and standard error.
B. Estimate, standard error, and the hypothesized value.
C. Estimate only.
D. Standard error only.
Answer: D
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Deposit insurance is only one type of government safety net. All of the following are types of government support for troubled financial institutions EXCEPT
A) forgiving tax debt. B) lending from the central bank. C) lending directly from the government's treasury department. D) nationalizing and guaranteeing that all creditors will be repaid their loans in full.
Oligopolies can result from any of the following EXCEPT
A) economies of scale. B) vertical mergers. C) government regulation. D) diseconomies of scale.
Income earned by the factors of production is called
A. gross domestic income. B. disposable personal income. C. national income. D. personal income.
A firm in a market economy must do all of the following to succeed except
A) organize the factors of production into a functioning, efficient unit. B) be organized as a corporation. C) produce the goods and services that consumers want at a lower cost than consumers themselves can produce. D) have access to sufficient funds.