Sensitivity analysis of the results may include the following with the exception of
A) stability over time analysis of the estimated multipliers.
B) using homoskedasticity only rather than HAC standard errors.
C) investigation of omitted variable bias.
D) looking at different computations of the HAC standard errors.
Answer: B
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Keynesians believe that the transactions demand for money influences the velocity of money
Indicate whether the statement is true or false
The Paradox of Thrift highlights the idea that:
A. Saving more is good for the economy in the short run B. Saving more can be bad for the economy during a recession C. In spending more, households will end up saving less D. In spending more, workers may end up losing their jobs
Suppose a decrease in supply raises the price from $4.00 to $5.50 and decreases the quantity demanded from 2,000 to 1,500. Using the midpoint method, the elasticity of demand equals
A) 2.10. B) 1.11. C) 0.90. D) 0.72. E) None of the above answers is correct.
School Board Voters' Ordered PreferencesDavidErnieFionaNew gymNew libraryNew computer labNew libraryNew computer labNew gymNew computer labNew gymNew libraryIf a pair-wise majority vote was held to determine which school project gets funded and the voters' preferences are shown in the table, which option would David like to see voted on first?
A. Library and computer lab B. Gym and library C. Computer lab and gym D. It doesn't matter which options are considered first.