When government agents are sent as actors into a bank to test whether loans are more likely to be granted to males than females, they are using a statistical technique called
A. quadratification.
B. standard deviating.
C. auditing.
D. regression.
Answer: C
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The Fed can offset the effects of an increase in float by engaging in
A) a repurchase agreement. B) a matched sale-purchase transaction. C) an interest rate swap. D) an open market purchase.
All of the following are automatic stabilizers EXCEPT
A) the federal income tax system. B) welfare payments. C) discretionary tax cuts. D) unemployment compensation.
Use the above table. Assuming constant opportunity costs, the opportunity cost of producing a gallon of wine in France is
A) 0.33 pound of beef. B) 0.5 pound of beef. C) 2 pounds of beef. D) 3 pounds of beef.
The marginal tax rate is found by dividing a person's tax payment by the person's taxable income
Indicate whether the statement is true or false