The BIC is a statistic

A) commonly used to test for serial correlation
B) only used in cross-sectional analysis
C) developed by the Bank of England in its river of blood analysis
D) used to help the researcher choose the number of lags in an autoregression


Answer: D) used to help the researcher choose the number of lags in an autoregression

Economics

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Advances in productivity increase supply because they might

A) increase the price expected in the future. B) decrease the cost of production. C) increase the number of firms producing the good. D) raise the prices of resources used to produce the good. E) decrease the number of goods available.

Economics

If money has intrinsic value, it has value:

A. unrelated to its use as money. B. only as its use as money. C. that sets its value as money. D. based on how often people use it for payment.

Economics

Porter's five forces model is trying to identify things that leads to a company's success

Indicate whether the statement is true or false

Economics

Explain the three rules that countries must follow to maintain a gold standard

What will be an ideal response?

Economics