Standard errors must always be positive.
Answer the following statement true (T) or false (F)
True
Rationale: FEEDBACK: Standard errors must always be positive since they are estimates of standard deviations.
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If the nominal interest rate is less than the equilibrium nominal interest rate determined in the money market, then in the short run households and firms
A) buy financial assets. B) sell financial assets. C) increase real GDP. D) lower the price level. E) raise the price level.
How does educating its populace help a poor country improve its economic growth rate?
a. Educated people eliminate the need for expensive technology. b. Educated people can produce more advanced goods and services. c. Educated people pay high interest rates on student loans. d. Educated people use fewer resources.
The _________ hypothesis is based on the assumption that the best indicator of the future is what has happened in the past.
Fill in the blank(s) with the appropriate word(s).
As the owner of a local housecleaning business that is trying to achieve a sustainable competitive advantage, you most likely would not
A. have better prospects to win in the marketplace and to earn superior long-term profits relative to rivals. B. utilize copycat product offerings or similar maneuvers as rivals to stake out the same market position. C. have some distinctive strategic element that draws in customers and produces a competitive edge. D. persist in competing differently, despite the best efforts of competitors to match or surpass this advantage. E. give buyers lasting reasons that competitors are unable to nullify or overcome despite their best efforts.