A 95% confidence set for two or more coefficients is a set that contains
A) the sample values of these coefficients in 95% of randomly drawn samples.
B) integer values only.
C) the same values as the 95% confidence intervals constructed for the coefficients.
D) the population values of these coefficients in 95% of randomly drawn samples.
Answer: D) the population values of these coefficients in 95% of randomly drawn samples.
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If 2008 is the base year and the price index in 2009 is 109, prices in 2009 are _____ than prices in 2008
a. 1 percent higher b. 8 percent higher c. 9 percent higher d. 0.9 percent higher e. 12 percent higher
The bundling of mortgages together and the issuing of securities for their financing made it possible for investment banks to
a. reduce their exposure to risk in the event that the overall mortgage default rate rose. b. reduce the amount of capital required to back these bundled securities. c. build up large reserves so they would be able to meet their obligations even if the mortgage default rate rose substantially. d. quickly access funds to meet short-term debt obligations.
A country with relatively abundant supplies of labor is unlikely to have a comparative advantage in the production of labor intensive goods.
a. true b. false
Given the following supply table, an increase in the price of pants from $30 to $50 per pair will increase the:Price (dollars per pair)A Supply Schedule for Pants Quantity Supplied (Pairs per week)$20400$30500$40600$50700
A. supply of pants by 700 pairs. B. supply of pants by 200 pairs. C. quantity supplied of pants by 500 pairs. D. quantity of pants supplied by 200 pairs.