The OLS estimator
A) has the multivariate normal asymptotic distribution in large samples.
B) is t-distributed.
C) has the multivariate normal distribution regardless of the sample size.
D) is F-distributed.
Answer: A
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An example of human capital is the purchase of a computer to help accountants
a. True b. False Indicate whether the statement is true or false
In the open-economy macroeconomic model, the key determinant of net capital outflow is the
a. nominal exchange rate. b. nominal interest rate. c. real exchange rate. d. real interest rate.
Suppose there is a family in which all the boys are expected to become farmers when they are adults, just as their fathers and grandfathers did. In which kind of economy do they participate?
a) false economy b) command economy c) traditional economy d) centrally planned economy
Given all the complications that can result with fiscal policy, is fiscal policy still considered an effective policy tool for stabilizing business cycle fluctuations?
What will be an ideal response?