The OLS estimators of the coefficients in multiple regression will have omitted variable bias
A) only if an omitted determinant of Yi is a continuous variable.
B) if an omitted variable is correlated with at least one of the regressors, even though it is not a determinant of the dependent variable.
C) only if the omitted variable is not normally distributed.
D) if an omitted determinant of Yi is correlated with at least one of the regressors.
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Since the 1930s the United States has experienced continuous deflation
Indicate whether the statement is true or false
Which of the following creates an obstacle to pursuing freer international trade?
a. Consumers do not recognize their potential gains b. Losses are widespread c. Domestic producers do not recognize their potential losses d. Government has plenty of political will and support to remove trade barriers e. Consumers can easily organize to demand free trade
The United States has chosen to balance the competing claims of efficiency versus equality by emphasizing greater efficiency over greater equality.
Answer the following statement true (T) or false (F)
The beginnings of the New York Stock Exchange can be traced back to a small group of men who bought and sold stock in New York in
A) 1792. B) 1866. C) 1892. D) 1929.