If the current account balance has a $70 million deficit and there was no change in official reserves during that year, then we know that
A) net transfers were -$70 million.
B) the capital account balance must have a $70 million deficit.
C) the balance of payments must register a $70 million surplus.
D) the official settlements account balance must have a $70 million surplus.
E) the capital and financial account balance must have a $70 million surplus.
E
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Financial innovations that grew out of the bank branching restrictions were
A) bank holding companies and automated teller machines. B) bank holding companies and securitization. C) automated teller machines and sweep accounts. D) automated teller machines and bank credit cards.
Consider the following regression model: y = 
0+
data-mathml="%3Cmath%20style%3D%22font%2Dfamily%3A%27Times%20New%20Roman%20Greek%27%22%20xmlns%3D%22http%3A%2F%2Fwww%2Ew3%2Eorg%2F1998%2FMath%2FMathML%22%3E%3Cmstyle%20mathsize%3D%2215px%22%3E%3Cmi%3E%26%23946%3B%3C%2Fmi%3E%3C%2Fmstyle%3E%3C%2Fmath%3E" src="@@PLUGINFILE@@/ppg__cognero__Ch_02_The_Simple_Regression_Model__media__90b98f2a-57e8-4e9f-a789-d7860323f681.PNG" style="vertical-align:middle;" />1x1 + u. Which of the following is a property of Ordinary Least Square (OLS) estimates of this model and their associated statistics?
A. The sum, and therefore the sample average of the OLS residuals, is positive.
B. The sum of the OLS residuals is negative.
C. The sample covariance between the regressors and the OLS residuals is positive.
D. The point (
) always lies on the OLS regression line.
According to the Weber-Fechner law, when the change in a stimulus is large in proportion to the original stimulus, the perceived size of the change will be:
A. large. B. zero. C. small. D. impossible to determine.
What are indivisible inputs and what are their implications for economies of scale?
What will be an ideal response?