Ans: D) making the difference estimator easier to calculate than in the case of the differences estimator without the additional regressors.
All of the following are reasons for using the differences estimator with additional regressors, with the exception of
A) efficiency.
B) providing a check for randomization.
C) providing an adjustment for "conditional" randomization.
D) making the difference estimator easier to calculate than in the case of the differences estimator without the additional regressors.
Economics
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When Maria deposits $100 in currency in her checkable deposit at Bank of America, the immediate effect is that the quantity of M1
A) decreases. B) does not change. C) increases. D) changes, but the direction of the change depends on whether the deposit was accepted by a thrift institution or a commercial bank. E) changes only if Bank of America does not have excess reserves.
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Which of the following is not correct?
a. Economists who argue that labor taxes are highly distorting believe that labor supply is fairly elastic. b. Economists who argue that labor taxes are not highly distorting believe that labor supply is fairly inelastic. c. Economists who argue that labor supply is fairly inelastic cite elderly workers who adjust the date they retire as an example. d. Economists who argue that labor supply is fairly elastic cite workers who adjust the hours of overtime that they work as an example.
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After trade opens, the short run impact on the income of the specific factor that is relatively scarce will be
A) a decrease in its income. B) an increase in its income. C) no change in its income. D) indeterminate, income effects are not possible to know.
Economics
According to the quantity theory of money, if the velocity of money is stable or at least predictable, then the equation of exchange can be used to predict the effects of changes in the money supply on nominal GDP
Indicate whether the statement is true or false
Economics