When there are two coefficients, the resulting confidence sets are
A) rectangles.
B) ellipses.
C) squares.
D) trapezoids.
Answer: B) ellipses.
You might also like to view...
A change in one input price will cause the slope of the budget line to change
a. True b. False Indicate whether the statement is true or false
Which of the following would not explain why the aggregate demand curve slopes downward?
a) A higher price level increases real wealth, which stimulates spending on consumption. b) A lower price level reduces the interest rate, which encourages greater spending on investment goods. c) A lower price level causes U.S. interest rates to fall, the real value of the dollar to decline in foreign exchange markets, and U.S. net exports to rise. d) A higher price level lowers the real value of money and makes consumers poorer, which in turn encourages them to spend less.
The consumer price index measures the prices of:
What will be an ideal response?
Which of the following will cause the FE curve to shift to the left?
A. A decrease in real domestic product (Y) B. An exogenous increase in exports C. An exogenous increase in imports D. Exogenous changes that cause an increase in capital inflows