Refer to the information provided in Table 36.2 below to answer the question(s) that follow. Table 36.2 PointAggregate Income (Y)Aggregate Consumption (C) A 10 14 B 20 23 C 30 25 D 40 26 E 50 34 F 60 39The data in the table was used to estimate the following consumption function: C = 12 + 0.4YRefer to Table 36.2. The error for point B is equal to
A. -3.
B. -2.
C. +2.
D. +3.
Answer: A
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The n-R-squared statistic also refers to the:
A. F statistic. B. t statistic. C. z statistic. D. LM statistic.
A plumbers' union is an example of
A) an industrial union. B) a craft union. C) skilled workers union. D) auxiliary union.
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